The National Bank of Ukraine (NBU) has exempted transactions on the purchase of foreign currency coming from foreign investors to increase the charter capitals of banks from the restriction for the largest sum for purchases of foreign currency at 0.1% of the regulatory capital of banks per day.

This is stipulated in NBU board's resolution No. 248 of April 14, 2015 on amendments to some NBU acts posted on the regulator's website, which took effect from April 15.

The amendments to NBU resolution No. 160 of March 3, 2015 on regulating the situation on the monetary and credit markets of Ukraine have been made.

"The requirement does not apply to currency transactions on swap conditions and to transactions on buying foreign currency coming from foreign investors to increase the charter capitals of banks," reads the document.

According to the amendments made by NBU board's resolution No. 248 to NBU resolution No. 182 of March 31, 2015 on bringing the limits of open currency position of the Ukrainian banking system to international standards, banks can buy currency coming from foreign investors to increase their charter capitals in the sum that is not larger than the volume of currency reserves that were not included to the open currency position of banks on the date when the transaction is conducted.

"The authorized banks… are to include reserves that exceed the percentage set in the schedule equivalent to the size of bought foreign investment to the calculation of common (long/short) open currency position," reads the document.