NBU Announced New Rules of Currency Exchange
OREANDA-NEWS On 28 November was announced, that the NBU eliminated the restriction for the commercial banks to sell foreign currency at the exchange rate, which exceeds the official exchange rate by more than 1.5%. Additionally, the regulator allowed the commercial banks to form no reserves on the demand deposits and deposit accounts in the national currency. While the reserves requirements in foreign currency were reduced from 4% to 3% for demand deposits and from 5% to 4% for deposit accounts.
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