мазила форекс украина / FX Market Masters july

Мазила Форекс Украина

мазила форекс украина

Policy Progress: The National Bank of Ukraine Simplified Some Currency Restrictions on the Use of Corporate Cards

The American Chamber of Commerce in Ukraine welcomes the adoption of the National Bank of Ukraine (NBU) Board Resolution # “On Amendments to Resolution #18 of the NBU Board dated February 24, ” (Resolution) dated August 5,

With the adoption of this Resolution, the NBU allows banks to sell foreign currency to legal entities which are residents of Ukraine, via its transfer to the client's current account in foreign currency for further use of the corresponding currency to make expenses using corporate payment cards abroad.

At the same time, AmCham member companies’ experts emphasize the importance of making further changes regarding payments abroad from the accounts of legal entities in the national currency using corporate cards, as the current restrictions prevent businesses from fully carrying out operational activities. AmCham will continue advocating for simplification of currency restrictions, particularly regarding the use of corporate payment cards.

Thread: FX Market Masters july

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Ukraine forex market in confusion after bank removes unofficial peg

By Natalia Zinets

KIEV, Feb 6 (Reuters) - A move by Ukraine's central bank to ditch an unofficial peg for the hryvnia has plunged the foreign exchange market into confusion, with buyers of hard currency putting off purchases and sellers holding out for higher levels.

The hryvnia lost 30 percent against the dollar to trade at on Thursday after the bank moved closer to a free float by abandoning the foreign currency auctions that had effectively pegged the exchange rate.

On Friday, traders quoted levels ranging from to hryvnias to the dollar, saying only a few deals had been concluded, with some banks reluctant to even quote a rate, fearing the wrath of the central bank if it was too weak.

"Those who can postpone (having to sell hard currency) are postponing until the last moment, not believing that it (the slide) will stop anytime soon," said one dealer at a major Ukrainian bank.

The dealer said the hryvnia had weakened to around a dollar, while another trader said commercial banks were selling dollars to clients in the range of hryvnias.

According to Reuters data, the bid price for dollars had fallen to hryvnias by GMT from at the opening, while the offer price moved to from

Most traders said there was little that could prop up the currency, which has been sliding since February last year, when street protests forced a Moscow-backed president from power.

Since then Russia has annexed the Crimea peninsula from Ukraine and a separatist rebellion has raged in the east, though the French and German presidents were taking a peace initiative to Moscow on Friday following talks in Kiev on Thursday.

The former Soviet state desperately needs funds from donors to fill an estimated $billion funding gap to withstand the financial crisis, deepened by a surge in fighting in eastern regions where pro-Russian rebels have seized new ground.

"We are advising customers who need dollars to wait a week if their businesses can wait," the trader at a Ukrainian bank said, adding that then sellers may become more keen to sell dollars at weaker rates.

Writing by Elizabeth Piper; Editing by Timothy Heritage and Pravin Char

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