The National Bank did not go out this week with interventions on the interbank market, according to the press service of the regulator on Friday, November 27.
The Central Bank has been refusing to buy or sell currency for three weeks in a row.
At the same time, since the beginning of the year, the NBU has bought $ 4.55 billion worth of currency on the interbank market and sold $ 3.8 billion.
The dollar fell to a minimum in two and a half years against ten world currencies. The reason for the fall in the US currency – the emergence of a vaccine against COVID-19. Analysts also predict a 20% collapse of the dollar in 2021.
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
Johnson & Johnson plans to complete the third phase of trials of its single-dose vaccine against COVID-19 in mid-January 2021. Paul Stoffels, vice chairman of the executive committee, senior scientific expert at Johnson & Johnson said they plan to deliver to market 1 billion doses. “We are in the middle of the third phase of […]
The American company Pfizer and the German BioNTech have applied to the European Medicines Agency for registration of their coronavirus vaccine. The announcement was published on the BioNTech website. “On Monday, November 30, Pfizer and BioNTech filed a formal application with the European Medicines Agency for a conditional authorization to use their COVID-19 candidate vaccine […]
The Supreme Court declared Astra Bank insolvent, the press service of the National Bank reports. By its decision, the Supreme Court overturned the decisions of the Kyiv District Administrative Court and the Sixth Administrative Court of Appeal, which found the central bank’s actions illegal. The NBU reminded that Astra Bank is the only bank that […]
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
The fall of the hryvnia will not happen again in the event of a full lockdown, as in March, assured the director of the open markets department of the National Bank Oleksiy Lupin. “We do not expect a repeat of the March events in the foreign exchange market, because in March it was something new, […]
With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]
An emergency situation due to the coronavirus has been declared in Ukraine. Probably a lot of people still do not have a full understanding of what it is and what restrictions have been imposed for the society and business. We asked S&P Investment Risk Management Agency to explain everything in detail. All the details are […]
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China, Australia, Japan and 12 other countries in the Asia-Pacific region have formed the world’s largest free trade area. The agreement was signed during the online summit of the Association of Southeast Asian Nations. We are talking about the creation of a free trade area called the Comprehensive Regional Economic Partnership (CREP). The following countries […]
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The Swiss construction company Bruenig Mega Safe AG offered the rich to save their money in a storage carved into alpine rocks. It is reported that the company plans to use space in the mountains equivalent to ten football fields to create a storage. The warehouses will have a volume of 100 cubic meters and […]
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The National Bank of Ukraine (NBU) has imposed a fine of UAH 2,544,900 on Ukrposhta for violations of Ukrainian legislation, according to the regulator’s press service. The fine was imposed for violations of the requirements set out in: the Law of Ukraine “On Payment Services”; the Instruction on the Organization of Cash Operations by Banks […]
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The Ministry of Commerce of China has warned of the possibility of a new global semiconductor supply crisis due to the conflict surrounding chipmaker Nexperia, according to ITReseller. The dispute between the company’s Dutch headquarters and its Chinese division is escalating and has already raised concerns within the automotive industry. Nexperia is one of the […]
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Meta may have generated around 10% of its total 2024 revenue — roughly $16 billion — from advertisements promoting fraudulent schemes and banned products, according to Reuters, which cites internal company documents. The materials refer to ads promoting fake investment projects, illegal online casinos, scam e-commerce stores, and prohibited medical products. The documents reveal how […]
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Oman has informed European officials that a return to pre-conflict conditions in the Strait of Hormuz is no longer possible and that vessels transiting the strategic waterway may face new fees, Bloomberg reports. According to the report, Omani officials said they remain committed to complying with international maritime law but indicated that charges could be […]
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Finnish corporation Nokia will supply about 7.5 thousand 5G transmitters for Telia in Finland, Scandinavia and the Baltics, the equipment supplier said on Wednesday. Telia is a telecommunications company. The headquarters is located in Stockholm. The company’s largest shareholders are the governments of Sweden (37.3%) and Finland (11.7%). The company serves all government communications resources […]
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Tesla has agreed with a number of banks to cooperate in the sale of shares in the company totaling up to $ 5 billion, according to the US corporation. “We have entered into a share distribution agreement … under which we may from time to time offer and sell our ordinary shares with a total […]
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Nvidia and AMD have reached an agreement with the Donald Trump administration to remit 15% of their revenues from chip sales in China to the U.S. government in exchange for export licenses, the Financial Times reports, citing sources familiar with the deal, including a U.S. government representative. Under the arrangement, Nvidia will transfer 15% of […]
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Worldwide chip sales in July rose by 20.6% year-on-year, reaching $62.1 billion. Compared to June, the semiconductor market grew by 3.6%, according to a press release from the Semiconductor Industry Association (SIA). Sales in North and South America jumped 23.9% year-on-year, in China by 10.4%, in Europe by 5.7%, and in the Asia-Pacific and other […]
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Spouses McMahon, the owners of the “Morgan Fenice company ” – a large manufacturer of the upholstered furniture (Morgan Furniture LLC, Kvasyliv, Rivne region), are going to invest 280 million UAH (€ 9.3 million) within the next three years to expand production capacity and specialty-equipment. This will increase the volumes of production and export by […]
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Chinese company China Concord Resources Corp (CCRC) has begun developing two oil fields in Venezuela. According to a company representative, the investment will exceed $1 billion, Reuters reported. By the end of 2026, production is expected to reach 60,000 barrels of oil per day. This marks a rare case of investment by a private Chinese […]
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Samsung Display has announced the launch of a new brand for its foldable displays — MONT FLEX, aimed at highlighting the unique advantages of the company’s flagship OLED panels. The brand will be officially introduced on August 7 at the K-Display 2025 exhibition in Seoul. The name MONT FLEX is derived from the French word […]
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Xiaomi Auto has announced a major new milestone: the company has assembled its 500,000th mass-produced electric vehicle. It took only 602 days from the start of sales of its first model — the Xiaomi SU7 sedan, which debuted on March 28, 2024. The milestone vehicle is the top-tier version of the Xiaomi YU7 Max crossover […]
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