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NBU removed restrictions on the purchase of foreign currency

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The National Bank of Ukraine has removed restrictions on the purchase of foreign currency and precious metals up to a value of UAH 150,000 per day as efforts to liberalize the country’s currency regulations continue. Following the move, individuals are now able to buy foreign currencies and precious metals via the cash desks of banks without submitting any additional paperwork.

The NBU embarked on a course of currency liberalization at the start of 2019, citing an improving macroeconomic climate and favorable conditions to relax or remove outdated regulations in place since the 1990s. This has enabled the central bank to lift more than 30 restrictions so far this year.

Source: UkraineInvest

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