The National Bank of Ukraine (NBU) has extended the requirement for the obligatory sale of 75% of foreign currency earnings and the return of forex earnings within 90 days until Dec. 2 inclusive.
According to the website of the NBU, the corresponding decision was fixed in NBU decree No. 734 of November 20.
“The validity of decree No. 734 has been harmonized with the validity of other temporary measures on the monetary market, which were introduced by NBU resolution No. 540 of August 29, 2014 on the introduction of additional mechanisms to stabilize the monetary and foreign exchange market of Ukraine,” reads the report.
