The National Bank of Ukraine has announced the easing of a number of currency restrictions that will come into effect on December 21. As the press service of the NBU reports, these changes should not significantly affect exchange rate dynamics and the level of international reserves, but are intended to support domestic producers and improve the conditions for doing business in Ukraine.
In particular, the ban on the purchase and sale of bank metals has been eased. Now legal entities and individual entrepreneurs will be able to buy and sell bank metals without physical delivery for cashless hryvnias, if it is related to their production activities, in particular in the jewelry sector. For this, companies must have relevant documents confirming their activity in this field before the start of a full-scale invasion.
This step will ensure the stable work of Ukrainian jewelers, reduce the volume of imports of finished jewelry, and reduce business production costs thanks to the opportunity to directly purchase raw materials.
In addition, the National Bank of Ukraine extended the permission to purchase foreign currency for operators of nuclear installations, which will ensure uninterrupted supplies of nuclear fuel for nuclear plants, which is important for the energy security of Ukraine.
The unification of approaches to payments for Eurobonds was also continued, which allows Ukrainian companies to optimize the costs of paying coupons for Eurobonds to non-residents.
