09:23 03.10.2023

NBU allows banks to independently set purchase/sale exchange rate of non-cash currency - resolution

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NBU allows banks to independently set purchase/sale exchange rate of non-cash currency - resolution

Banks, which until today could buy and sell currency at the request of clients only within the official rate of the National Bank of Ukraine +/-1%, from October 3 can independently set it without this limitation.

The corresponding norm is enshrined in resolution No. 121 of the NBU board of October 2 on the transition to a regime of managed exchange rate flexibility, which amended the “war” resolution No. 18 of the NBU board of February 24, 2022.

“You read our changes in No. 18 correctly: that is, there is now no peg plus +1%,” confirmed Deputy Governor of the NBU Yuriy Heletiy at a briefing on Monday.

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