Boryspil International Airport, located just outside Kyiv, ranked fifth in 2021 among the 10 best airports across the region of Eastern Europe, the Ministry of Infrastructure reported. “Since 1999, the rating has been formed annually by the UK-based Skytrax consultancy. Winners are determined through a global survey of airport customers. Travelers from more than 100…
Fitch Ratings revised the Outlook on Ukraine’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the IDR at B. “On August 6, the international credit ratings agency Fitch Ratings revised the outlook on Ukraine’s long-term foreign-currency issuer default rating (IDR) from stable to positive and affirmed the IDR at B,” the…
Last week, the National Bank of Ukraine bought $76.3 million on the interbank foreign exchange market. Following NBU’s foreign exchange interventions at a single exchange rate, the National Bank bought $76.3 million on the interbank foreign exchange market from August 2 to August 6. The regulator did not sell foreign currency during the specified period.…
Despite the scheduled shutdown of the Yamal-Europe and Nord Stream 1 pipelines, as well as the record prices hikes in European gas markets in July, Russia’s Gazprom expressed no interest in Ukraine’s additional transit capacity and started shrinking reserves of its underground gas storage facilities in Europe, the press service of the Gas Transit System…
The state will stimulate and finance programs for the development of rail car manufacturing in Ukraine. “Development of high-quality railway service, high-quality rolling stock is one of the priorities because, apart from comfort for people, it is also an important factor contributing to economic development. We will finance and stimulate programs to develop domestic rail…
Ukraine’s international reserves in July grew by 2.1% YoY, to $28.951 billion (in equivalent), according to the press service of the National Bank of Ukraine (NBU). “As of August 1, Ukraine’s international reserves stood at an equivalent of $28,951.1 million, according to preliminary data. In July, international reserves increased by 2.1%, primarily due to the…
Last year, the volume of mutual trade in goods and services between Canada and Ukraine decreased by 9%, Ukraine’s Ambassador to Canada Andriy Shevchenko said. “In bare numbers, last year looked sad, since the volume of interstate trade decreased by 9%. Meanwhile, this is comparable to both the overall downturn of the economies of both…