9 June 2015
On 3 June 2015 the National Bank of Ukraine (the “NBU”) adopted Resolution No. 354 (the “Resolution”). It extends the effect of a number of currency control restrictions in Ukraine until 3 September 2015. These restrictions were enacted at the end of 2014 amid abrupt downfall of the national currency (namely, Hryvnia) with the purpose to stabilise the situation on the foreign currency market of Ukraine. Their effect has been constantly prolonged since then. However, this time the NBU has lifted some administrative restrictions:
The Resolution became effective on 4 June 2015. We will continue monitoring of the situation and will let you know about any further developments.
In case additional consultation required on the abovementioned issues, please do not hesitate to contact Tatiana Zamorska (+380444590026) or contact us at general office number (+380444905507).