The National Bank of Ukraine has improved currency regulation, making several important changes affecting both businesses and individuals. One of the key innovations is the ability to repatriate dividends for the year 2023 up to 1 million euros per month.
Moreover, the possibility of entering into forward currency purchase agreements through financial institutions has been expanded. The NBU emphasizes that these changes are aimed at supporting economic activity and developing the business environment without harming the country's gold and foreign exchange reserves.
'This will not cause a significant increase in demand for currency, as there is an overall limit, but it will contribute to increasing the trust of foreign investors in Ukraine and attracting new foreign investments'
Experts also do not foresee significant changes in the dollar exchange rate, expecting it to remain within 41.20-41.70 UAH per dollar. However, the National Bank may intervene in the currency market, selling up to 3.2 billion dollars from reserves to support the hryvnia.
The NBU has made a number of changes to currency regulation aimed at supporting economic activity and business development, which will not negatively impact Ukraine's gold and foreign exchange reserves. The innovations will allow repatriating dividends up to 1 million euros per month and entering into forward currency agreements. Experts do not expect significant changes in the dollar exchange rate, confirming stability in the market.