National Bank removes from circulation 25 of coin. From October 1, a coin of this denomination ceases to be a means of payment. This was stated at a briefing by Deputy Head of the NBU Oleksiy Shaban, according to the website.
According to him, from October by these coins will not be able to pay for goods or services. But the money can be taken to banks and exchanged for other banknotes and coins for another three years.
“We continue to bring order to the cash circulation and bring it to world standards,” said Oleksiy Shaban. – The main purpose of our solutions is to simplify cash payments and increase their convenience for users. We also care about the economic feasibility and quality of cash in circulation. ”
As the result, the banknote and coin series of the hryvnia will be reduced from 17 denominations to 12. In total, it will remain six denominations of coins and six denominations of banknotes.
This is consistent with international practice. The banknote and coin series will be orderly and convenient, “said the Deputy Governor of the National Bank.
Shaban added that from October 1, the NBU will also withdraw from circulation banknotes of old denominations issued until 2003. Such banknotes less than 2% of the currently outstanding.
The National Bank will more actively withdraw from circulation paper banknotes of 1 and 2 hryvnias and coins of 1 hryvnia of the 1996 model, replacing them with the corresponding circulation coins of the 2018 model.
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 […]
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 […]
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, […]
The court satisfied the claim of the state-owned PrivatBank to Agroterminal and decided to collect UAH 1 billion in debt from it as a guarantor of Boryvazh. This is stated in the decision of the Commercial Court of Odessa region. According to court materials, PrivatBank terminated the loan agreement due to the debtor’s breach of […]
The defining reason for the depreciation of the hryvnia against the dollar and the euro in the third quarter was the deterioration of business expectations. Deteriorating expectations created increased demand for the currency, which turned out to be higher than supply. This contributed to the devaluation pressure in the foreign exchange market in the III […]
In July-September 2020, Ukrainian banks closed 251of the structural subdivisions, reducing the regional network to 7329 branches by October 1. This is stated in the data of the National Bank. Most branches in the third quarter were closed by the state Oschadbank – 166, reducing its total number to 1931. During the same period, the […]
Before the fall of the economy in the second quarter of 11.4% led to strict quarantine restrictions and declining demand, as well as reduced investment. This is stated in the report of the National Bank. “The main factor in the deepening decline in GDP was expected to be a reduction in domestic demand. It is […]
In the second quarter of 2020, Ukraine’s gross external debt increased by $ 2.5 billion and amounted to $ 122.8 billion, according to the National Bank. In terms of GDP, debt increased to 78.8% from 75.1% at the end of the first quarter. At the beginning of the year the figure was 78.6%. “External debt […]
Kyiv intends to build the airfield for unmanned aerial vehicles in five years. This was stated by the head of the All-Ukrainian Federation of Drone Owners Taras Troiak, said in the message from the National League of Transport Business on the Facebook. “We have the Quadroport project that we want to implement in Kyiv. It […]
Next
Experts from Bank of America have admitted that the shares of the video service Zoom in the coming year may grow by 47%, writes CNBC. The TV channel quotes an analytical note of the bank. Bank of America has renewed the recommendation to buy Zoom securities. He set a target value for the company’s securities […]
Next
Zaporizhzhya Automobile Plant (ZAZ) is preparing to start mass production of buses under the Mercedes brand in 2022. Radio Svoboda reported this with reference to the UkrAVTO Corporation, which includes ZAZ. It is noted that the ZAZ A09 bus is a completely Ukrainian creation, designed by factory engineers with the help of Mercedes recommendations “for […]
Next
The “Genotropin” drug, series MO5229, is forbidden to realization, storage and using according to the information received by The State Service of Ukraine on Medicinal Products from the regulatory body field of quality control of medicines in Denmark. The State Service of Ukraine on Medicinal Products published on its website the Order ?577-2.0.1 / 2.0 / […]
Next
Shares of Tesla rose nearly 8%, or about $ 50 billion, during OTC trading on April 5. The jump in value occurred after the release of data on record deliveries of the company’s products. In particular, in the first quarter of 2021, Tesla delivered 184,800 cars worldwide, exceeding the forecast of 177,822 cars. In turn, […]
Next
Radisson Hotel Group has plans to more than double its serviced apartments portfolio within the next 5 years across EMEA. Today, serviced apartments represent around 10% of the Group’s EMEA portfolio with 45 properties and more than 5,400 units in operation and under development. Radisson Hotel Group operates its serviced apartments as a stand-alone or […]
Next
American company SpaceX Elon Musk moved on September 1 launch rocket Falcon 9 from 12 th group of satellites Starlink due to bad weather. The press service of the company announced on Sunday, August 30, on Twitter. “Today ‘s launch of Starlink is canceled before the flight due to difficult weather conditions. The next launch […]
Next
During his visit to Kyiv, French Minister of Economy, Finance and Reconstruction Bruno Le Mer will sign four strategic intergovernmental agreements worth a total of 1.3 billion euros. He said this in an interview with Interfax-Ukraine. “During my visit, France will sign four strategic intergovernmental agreements with Ukraine totaling 1.3 billion euros. This is very […]
Next
On October 20, the Kyiv Art Gallery Tsekh hosted a presentation of the «Keep It Up!» project created by the artist and sculptor Yevgeny Petrov. The LDaily Business Edition became a media partner of this wonderful project, which highlights the theme of sport. The exhibition is currently open to the public and will be exhibited in the gallery until […]
Next
The US company, which produces seeds, has signed a licensing agreement with a major seed company about production and sale of sunflower seeds in Ukraine, Russia, Belarus, Georgia and Kazakhstan. The press service of the company officially announced about this. The americans want to make only two varieties of sunflower seeds in Ukraine. Although, […]
Next
The General Motors company will invest in the owner of taxi service the Lyft Inc. about $ 500 million. The plans of General Motors in the future are to increase the investment to $ 1 billion. After the transaction, the General Motors will get a seat on the board of directors of Lyft Inc. and […]
Next
The world has heard enough discussions which concern the resonance Donald Trump’s win in the USA elections. Everyone has the right to express their position. America has done their choice. Now, when the post-electorial ethereal has gone, it is the high time to speak constructively. Benjamin Franklin, one of the founders of American Constitution, declared: […]
Next
The American producer of vegetable meat products Impossible Foods expects that investors will estimate it at $ 10 billion during the listing. The company plans to go public this year, but has not yet decided how to become a public company, reports Reuters, citing knowledgeable interlocutors. According to them, the company is now exploring the […]
Next
The Commercial Court of Odessa region initiated a bankruptcy proceeding of the Odessa oil-and-fat production Plant, one of the largest oil and fat enterprises of Ukraine. According to the information of the National Commission on Securities and Stock Market the application of instituting proceedings was filed by Lenintal Ltd. (Odessa region). The reason for initiation […]
Next
OPEC + member states have agreed to increase oil production by 400,000 bpd per month from August. This is stated in a press release from OPEC. It is noted that the OPEC + countries will seek to eliminate the current restrictions in September 2022. Thus in December, 2021 the estimation of the market is given. […]
Next
According to Business Insider, SpaceX founder and Tesla CEO Elon Musk is selling four homes in Los Angeles for $62.5 million. It is already known that these houses will be sold to the LLC developer owned by businessman Ardi Tavangarian. “Arya Chalon LLC will combine the real estate portfolio into a new single project to […]
Next
