Due to the introduction of new currency regulation from February 7 (more than 20 weakening in the foreign exchange market), the NBU has updated the Regulation on the conduct of cash transactions in the national currency in Ukraine.

Accordingly, since February 15, the restriction of cash settlements between business entities and individuals in the amount of more than 50 thousand UAH. does not apply to payments related to wages.

This means that from now on employers will be able to pay wages in excess of UAH 50 thousand in cash.