The National Bank of Ukraine (NBU) is ready for the removal of some restrictions on foreign currency purchases by businesses, imposed by resolution No. 591 of Sept. 20, but is coordinating the actions with the International Monetary Fund (IMF), reads a press release posted on the NBU's Web site.
“We are in a constant dialogue with the banks and are ready to remove certain restrictions on the foreign exchange market, which prevent normal economic activities. We are also expecting the stabilization of the economic situation, and hence their gradual cancellation,” reads the report citing NBU Head Valeriya Gontareva.
According to her, at present the NBU is continuing discussion with the IMF regarding the cancellation of certain restrictions.
