The amendments were approved by Resolution of the NBU Board No. 104 of August 6, 2019 "On Amendments to Certain Regulations of the National Bank of Ukraine". It came into force today, August 8, 2019.

Therefore, businesses will be able to manage their liquidity more efficiently and buy the necessary amounts of currency to fulfill their obligations at a convenient time.

In addition, the foreign exchange supervision over the observance of the business of the time limits for settlements on foreign economic transactions was improved.

From now on, banks are obliged to complete the supervision of export operations within 5 working days from the moment of receiving from the National Bank information about the change of the servicing bank in the customs declaration of the client. This will avoid double-checking the client operation.

It should be noted that since the beginning of the year over 30 currency restrictions for business have been abolished. In particular, the mandatory sale of foreign exchange earnings by businesses, the prior reservation of the hryvnia for the purchase of foreign currency and restrictions on the repatriation of dividends abroad were completely abolished.