The largest bank in Ukraine, PrivatBank (Dnipropetrovsk), has decided to sell foreign currency only to place it on the deposit accounts, First Deputy Board Chairman and Head of the credit cards and salary project division Oleh Horokhovsky has said.
“From Oct. 23, foreign currency within Hr 3,000 [the limit set by the National Bank of Ukraine] is sold only with the purpose of placing it to deposit accounts,” he wrote on his Facebook page.
As reported, the NBU is taking emergency measures to stabilize the situation on the Ukrainian financial market. From Sept. 23, 2014, the central bank toughened the restriction for purchase of foreign currency by five times, to equivalent of Hr 3,000 a day at one bank.
