The National Bank of Ukraine (NBU) has restricted the sale of foreign currency to Hr 3,000 per capita a day.
According to a posting by the National Bank on its Facebook page, the
corresponding decision is fixed in NBU decree No. 591 dated Sept.
22, 2014.
“Given the tightening of tension in the cash segment of the foreign
exchange market, the resolution foresees the reduction of the maximum
amount of foreign currency in cash that can be sold to one person during
one operational (working) day to Hr 3,000,” reads the report.
According to the NBU, this limitation does not apply to cash
purchases by resident individuals to repay foreign currency obligations
under loan agreements.
The decree also abolished the previously introduced requirement for
the mandatory conversion into hryvnia of transfers in foreign currency
from abroad to individuals without opening an account.
“These measures are expected to help increase foreign currency income
to Ukraine under current non-commercial operations,” reads a statement.
The norms stipulated in the decree come into effect from Sept. 23, 2014.
