Now Ukrainians can buy money with subsequent placement in a deposit for three months or more.
The National Bank of Ukraine allowed banks to sell non-cash currency to citizens. The decision will take effect on Thursday, July 21, according to the regulator’s website.
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At the same time, money can be purchased with subsequent placement in a deposit for a period of three calendar months without the right of early termination within a monthly limit equal to UAH 50,000.
“This will create an alternative to investing in cash, which will reduce the need for it and pressure on the exchange rate in the currency part of the foreign exchange market,” said the National Bank.
Recall that now for the first time since the beginning of the war, the NBU raised the official exchange rate of the dollar against the hryvnia. It immediately grew by 25% – up to UAH 36.5686 / dollar.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.