Last month, the demand for foreign currency increased and the hryvnia exchange rate adjusted. This is stated in the macroeconomic and monetary review of the National Bank in June.
It is noted that for most of June 2021 in the foreign exchange market supply exceeded demand. This took place against the background of favorable external price conditions and the resumption of interest of non-residents in hryvnia IGLBs.
“However, at the end of the month, situational factors (significant budget payments, increased volatility in global financial markets) led to an increase in demand for foreign currency and the correction of the hryvnia exchange rate,” the review said.
To smooth out excessive fluctuations, the NBU conducted both foreign currency purchase and sale transactions in June. The regulator’s net purchase of currency was $ 600 million.
SoftServe is expanding its presence and opening new office spaces in four cities — Vinnytsia, Khmelnytskyi, Uzhhorod, and Odesa. They are available for 250 people working in these regions as well as other employees. The coworking in Vinnytsia where SoftServe has around 50 employees is already fully operating. Odesa is the next — office space […]
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Radisson Hotel Group is proud to be the world’s first hotel group to make all meetings and events across 400+ hotels in its EMEA portfolio carbon negative. For every event taking place at its participating hotels, Radisson Hotel Group will offset double the carbon footprint, to ensure that every meeting has a positive impact on […]
During trading on Monday, October 11, the price of a barrel of Brent oil rose by 2% to $ 84.01. She reached this mark for the first time since October 2018. US WTI oil rose by $ 1.62 to $ 81.3 – the highest price since 2014, according to Reuters. It is noted that Brent […]
The agreement on a single corporate tax rate of at least 15 percent was signed by 136 states, which account for more than 90 percent of world GDP. The agreement is aimed at combating tax evasion by international corporations. The initiative was also signed by countries that were initially opposed to tax reform, such as […]
The savings of Ukrainian citizens outside the banking system are estimated at $ 30-35 billion. This estimate was given by the chairman of the National Bank Kyrylo Shevchenko during the Kyiv Economic Forum. There are different estimates of the “gray” economy. We in the National Bank believe that this is up to 30% of GDP. […]
During the week, the National Bank of Ukraine bought $ 228 million on the interbank foreign exchange market. At the same time, the central bank did not sell currency on the interbank market. So the NBU continued to buy currency on the interbank market, the bank increased it compared to last week ($ 15 million) […]
The new Tesla factory in Berlin may release the first electric cars next month. CEO Elon Musk stated this. Speaking at the plant, Musk said he hoped to get the green light to begin production in the coming weeks. The last consultation on public concern about the plant ends on October 14, after which the […]
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In the second quarter of 2020, Japan’s economy shrank by 7.8% over the previous three months. Such preliminary official data was published by Trading Economics. It is noted that the fall of GDP was recorded for the third consecutive quarter and became a record, due to the negative impact of the COVID-19 coronavirus pandemic. At […]
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S&P Investment Risk Management Agency launched a legal portal Lawyer.ua 5 years ago. It was designed as an innovative online-platform for lawyers’ communication and for all who needed legal assistance. Experts now can effectively provide legal services in personal online-cabinets while clients can get qualified legal assistance promptly. Today, Lawyer.ua has grown into a large-scale […]
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Workers of Gorodetsk local prosecutor’s office (Ukraine, Lviv region) have exacted 20 million UAH from the Ukrainian State Enterprise Ukrspyrt. This was reported to Ukrainian media by representatives of the press service of control authority. According to provided information, the manufacturer of alcoholic beverages was fined in connection with the unauthorized extraction of water for […]
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Japanese mobile operator SoftBank Group Corporation buys the british corporation – ARM Holdings Plc for 24.3 billion pounds ($ 32 billion). According to SoftBank, shareholders ARM Holdings could receive 1700 pence per share, which is 43% more than the value of the securities at the close of trading in London on Friday. Price of ARM shares […]
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In the retail market development in Ukraine and the world retail market there is radical alterity. While the latter is actively developing, Ukrainian began to show some improvements only in 2016. On the prospects of the global sector and the domestic situation shed light Ukrainian company Deloitte, which provides audit areas, tax, consulting and corporate […]
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According to Delo.ua, the European Bank for Reconstruction and Development (EBRD) represents the credit to Meest Express of 10 million dollars on post automatic machine network development. The EBRD press-service informed about it.The postal and logistic operator will have planned to increase the share on the Ukrainian market and to develop the existent network until […]
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Ihor Doroshenko has been left in the predetention center. The appellate court of Kyiv rejected a request of Ihor Doroshenko, an ex-chairman of the board of Mikhaylovsky bank to be entitled to plead and left it in the predetention center — the press service of Appellate court of the Kyiv city reports. Therefore, the judge’s […]
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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 […]
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In the world last week, coronavirus was found in another 2.4 million people – a record high since the beginning of the pandemic. This was reported by the WHO on Tuesday, October 20. “The number of new COVID-19 cases continues to grow rapidly, while the number of new deaths remains relatively stable … As of […]
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The property of the Rava-Rusky distillery, located in the Lviv region, was sold at a privatization auction. The State Property Fund reported this. It is noted that two participants competed in the open bidding, which increased the price from the starting 27.7 million hryvnias to 31.7 million hryvnias. “The asset is located in the city […]
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LDaily decided to conduct a survey among the companies working in Ukraine to find out what social projects they support and why. Anastasia Voitkevych, Head of Corporate Communications & Social Responsibility, Winner Group Ukraine Winner CSR has two focus areas — Charity and Responsible Business. Charity is philanthropy, Winner’s and its leadership’s […]
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World oil prices of reference brands began the working week with a moderate increase amid disruptions in the US Colonial Pipeline after a hacker attack. This is evidenced by trading data on Monday, May 10. Thus, July futures for Brent on the London Stock Exchange ICE Futures rose by $ 0.57 (0.83%) – to $ […]
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Shares of Adobe Systems, which rose to 76% over the past 12 months, increased by 2.8% after the announcement of a strong 3rd quarter, traditionally considered seasonally weak. “Adobe has demonstrated the best third quarter in our history,” said Shantanu Narayen, president and CEO of Adobe. “We are confident that our leadership in digital services […]
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