The National Bank of Ukraine Presses ahead Removing Administrative FX Restrictions

The National Bank of Ukraine pushes ahead with  liberalization of FX regulations  by easing restrictions  that have become inefficient,  the relaxation of which will not have a destabilizing impact on the interbank and cash segments of the FX market. Sustained favorable FX market conditions and balanced distribution of risks to the inflation projections enabled the regulator  to take further steps towards  easing of administrative restrictions in the FX market.