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Economy 2019-01-15T05:09:52+02:00
Ukrainian news
NBU Simplifies Investing Abroad For Businesses

NBU Simplifies Investing Abroad For Businesses

The National Bank of Ukraine continues liberalization of requirements to investing abroad thanks to gradual stabilization of the situation in the foreign currency market and in compliance with the new currency regulation concept.

Press service of the NBU has said this in a statement, Ukrainian News Agency reports.

The business now can invest USD 2 million abroad under one foreign currency license per calendar year.

The limit had previously been USD 50,000 per calendar month.

The NBU has set different requirements to receipt of licenses depending on the amount of investments abroad.

As Ukrainian News Agency earlier reported, in late May, the NBU smoothened some foreign currency restrictions.

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