Мережа лабораторій "Ескулаб" виконує свої зобов'язання, але конфлікт між власниками поставив під загрозу зриву
NBU to take further steps towards currency market liberalization
The National Bank of Ukraine (the NBU) is going to open the way for the repatriation of 2017 dividends and lift some restrictions on early repayment of external loans, the NBU website reported on Jan. 19, citing a presentation by Serhiy Ponomarenko, the head of the open markets department. These NBU steps are to be taken as part of a program of currency market liberalization adopted in 2016.
The regulator’s decision should be taken upon the examination of pertinent information on planned operations by commercial banks’ clients.
For the mid-term, the NBU is also considering weakening restrictions of currency purchases on the interbank market, to lower the requirement on business of the compulsory sale of 50% of foreign currency proceeds and lessen the limits on currency purchase for banks’ own needs, according to the presentation.
In 2017, the volume of repatriated dividends to foreign investors was USD 1.8 bln.
Evgeniya Akhtyrko: The NBU’s adherence to its currency liberalization program is a good signal to the market and particularly foreign investors as it shows the regulator’s ability to control the situation on the currency market while implementing inflation targeting.
At the same time, a less-restricted currency market puts additional pressure on the government to secure the currency inflow under the financial account given Ukraine’s chronic C/A deficit. In this context, the call for a positive outcome of the current dilemma of Ukraine’s cooperation with the IMF and other IFIs is only strengthened.
Источник: Конкорд Капитал
- NBU reduces expectation for IMF loans this year Конкорд Капитал 26 січня 2018 года
- Ukraine central bank hikes policy rate 1.5pp, worsens CPI outlook Конкорд Капитал 26 січня 2018 года
- IMF, IFIs ready to further cooperate with Ukraine, Lagarde says Конкорд Капитал 25 січня 2018 года
- Ukraine central bank transfers USD 1 bln under World Bank management Конкорд Капитал 23 січня 2018 года
- Ukraine goods trade deficit more than doubles in 11M17 Конкорд Капитал 17 січня 2018 года