Ukrainian President Volodymyr Zelensky has said that mutual trade in goods between Ukraine and Israel has been gradually growing after the two countries launched a free trade area. He said this at a joint meeting with Israeli President Isaac Herzog and the media in Kyiv on October 5. “On December 26, Ukraine and Israel will…
Governor of the National Bank of Ukraine (NBU) Kyrylo Shevchenko has said that a possible lockdown in Ukraine, depending on the format and severity of quarantine restrictions, may lead to a 0.4-0.6% reduction in GDP. “Although business processes are returning offline and vaccination rates are growing, the risks of introducing a new lockdown due to…
Ukraine’s electricity exports totaled 107.1 million kWh between September 27 and October 3, up by 25.9% from the previous week, the press service of NEC Ukrenergo reported. On September 21-26, the average daily exports from the Burshtyn Thermal Power Plant (TPP) rose by 35.8%, to 74.7 million kWh, and from Ukraine’s integrated energy system –…
In January-September, the State Tax Service of Ukraine transferred UAH 449.8 billion to the state budget, up by UAH 62.3 billion YoY. Over the first nine months of 2021, the State Tax Service accumulated UAH 449.6 billion, up by UAH 62.3 billion. Indicative figures for this period were exceeded by UAH 21.9 billion. In particular,…
The National Bank of Ukraine (NBU) purchased $15 million on the interbank foreign exchange market last week. According to the results of foreign exchange interventions, the National Bank bought $15 million on the interbank foreign exchange market between September 27 and October 1. Since the start of 2021, the National Bank has sold $197 million…
Ukrainian hryvnia is among the ten best-performing currencies in the world against the U.S. dollar in 2021. As Bloomberg reports, Seychelles rupee ranks first as it has strengthened by 60% due to the resumption of the tourism business. This is the best result among 146 currencies worldwide. Seychelles rupee is followed by Zambian kwacha and…
The Commercial Court of Kyiv region upheld the claim filed by the Prosecutor’s Office of the Autonomous Republic of Crimea and ordered the Latvia-based airline, Primera Air Nordic, to pay Ukraine a debt of UAH 150,000 (over $5,600) for air navigation services during flights over the Black Sea. Prosecutors found out during the inquiry that…