Andriy Pyshnyi

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Currency liberalization will cost Ukraine about $5-5.5 billion - Pyshnyi

The National Bank of Ukraine expects currency liberalization to cost Ukraine about $5-5. 5 billion, but considers it a productive investment to facilitate capital flows and economic recovery.

Economy • May 7 2024, 05:50 PM  •  92211 views
Currency liberalization will cost Ukraine about $5-5.5 billion - Pyshnyi

Pyshnyi named the conditions under which the NBU will continue to ease currency restrictions

The NBU expects businesses to use the opportunities of currency liberalization responsibly by returning export earnings to Ukraine rather than keeping them abroad.

Economy • May 7 2024, 05:32 PM  •  25027 views
Pyshnyi named the conditions under which the NBU will continue to ease currency restrictions

The situation on the foreign exchange market is under control, risks associated with the war - Pyshnyi

The situation in the foreign exchange market is now under control, and Ukraine has successfully transitioned to a managed floating exchange rate regime without shocks, NBU Governor Andriy Pyshny said. The uncertainty that exists, according to the head of the National Bank, is related to security risks, and the war is a key factor that generates risks.

Economy • May 2 2024, 04:08 PM  •  19959 views
The situation on the foreign exchange market is under control, risks associated with the war - Pyshnyi

Access to Russian assets requires legal grounds and political will - Pyshnyi

Ukraine needs the legal basis and political will to access $300 billion in frozen Russian assets to finance its defense and recovery from the Russian invasion.

War • May 2 2024, 09:31 AM  •  21577 views
Access to Russian assets requires legal grounds and political will - Pyshnyi

The NBU is preparing a series of steps for currency liberalization in the coming weeks

The National Bank of Ukraine is preparing a series of steps for currency liberalization in the coming weeks, keeping international reserves at the current level, as part of its strategy to ease currency restrictions and return to inflation targeting.

Economy • April 25 2024, 12:01 PM  •  15436 views
The NBU is preparing a series of steps for currency liberalization in the coming weeks

Lush: we need to save reserves

The National Bank of Ukraine sells dollars from its reserves to compensate for the structural shortage of foreign currency during the war, prevent the devaluation of the hryvnia, and maintain macrofinancial stability.

Economy • April 1 2024, 10:15 AM  •  22059 views
Lush: we need to save reserves

The IMF Board has completed the third review of the Extended Fund Facility program. What it means for Ukraine: NBU explanation

The IMF Board of Directors approved the third revision of the Extended Fund Facility for Ukraine, which allows for the immediate disbursement of about $880 million to support Ukraine's state budget expenditures, international reserves, and macrofinancial stability.

Economy • March 22 2024, 01:21 AM  •  105862 views
The IMF Board has completed the third review of the Extended Fund Facility program. What it means for Ukraine: NBU explanation

The NBU expects the IMF to decide on a tranche of almost $900 million in a week

Ukraine expects a decision by the IMF Board of Directors on the next $900 million tranche under the EFF program in a week.

Economy • March 14 2024, 02:31 PM  •  27579 views
The NBU expects the IMF to decide on a tranche of almost $900 million in a week

Ukraine to receive €6 billion in transitional funding from the EU: agreement signed

Ukraine and the European Union have signed an agreement to provide €6 billion in soft loans to Ukraine, of which €4. 5 billion will be disbursed in March and the remaining €1.5 billion in April 2024 after the reform indicators are met.

Economy • March 12 2024, 08:26 PM  •  75000 views
Ukraine to receive €6 billion in transitional funding from the EU: agreement signed

The National Bank has determined the list of important payment infrastructure facilities in Ukraine

The NBU has determined the list of systemically important payment infrastructure in Ukraine, which includes the electronic payment system as the only systemically important payment system.

Economy • March 4 2024, 09:46 AM  •  19790 views
The National Bank has determined the list of important payment infrastructure facilities in Ukraine

Expert: SBI should appeal to NBU Governor with a motion to remove Zyma, director of the National Bank's legal department

Expert: SBI should appeal to NBU Governor with a motion to remove Zyma, director of the National Bank's legal department.

Economy • March 1 2024, 02:28 PM  •  248612 views
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Expert: SBI should appeal to NBU Governor with a motion to remove Zyma, director of the National Bank's legal department

NBU Governor expects international aid to resume after IMF deal

The NBU governor noted that the agreement at the IMF staff level paves the way for Ukraine to receive the next tranche of $880 million and resume international assistance.

Economy • February 28 2024, 10:53 AM  •  23593 views
NBU Governor expects international aid to resume after IMF deal

National Bank puts into circulation a new commemorative banknote "Unity Saves the World"

The National Bank of Ukraine puts into circulation a new commemorative 50-hryvnia banknote "Unity Saves the World" in honor of Ukraine's fight for freedom and unity against Russian aggression.

Economy • February 23 2024, 03:11 PM  •  22023 views
National Bank puts into circulation a new commemorative banknote "Unity Saves the World"

IMF mission to start negotiations on third review of Ukraine's program on February 17 in Warsaw - NBU

The IMF team headed by Uma Ramakrishnan has begun meetings in Kyiv with Ukrainian authorities to discuss the economic challenges facing Ukraine, and on February 17, the IMF mission will begin negotiations on the third review of the program for Ukraine in Warsaw.

Economy • February 12 2024, 03:44 PM  •  21368 views
IMF mission to start negotiations on third review of Ukraine's program on February 17 in Warsaw - NBU