Effective 5 December 2015, the National Bank of Ukraine (NBU) enacted new Regulation No. 863 regarding Ukraine’s monetary and hard currency market.
Regulation No. 863 will be in effect until 4 March 2016. The new regulation provides for the following changes pertinent to legal entities:
- 75% Foreign Currency Sale.
- National Currency Cash Withdrawals.
- Purchase/Transfer Abroad of Foreign Currency.
- Foreign Currency Purchase Ban.