The number of passengers serviced by Ukrainian transport companies in January-February decreased by 0.1% YoY, to 15 billion passenger-kilometers, according to the data provided by the State Statistics Service of Ukraine. Over the reporting period, 675.8 million passengers used the services of domestic transport companies, down by 1.5%. In particular, the number of passengers carried…
Ukraine has cut electricity consumption by over 5% since the introduction of quarantine over COVID-19. “Since the introduction of quarantine measures, electricity consumption in the energy system of Ukraine has decreased by more than 5% at almost the same air temperature,” the press service of state-run Ukrenergo, which operates the country’s integrated power grids, has…
The National Bank of Ukraine (NBU) sold $200 million in the interbank market on March 19 to smoothen out excessive exchange rate fluctuations, the central bank wrote on its Facebook page. “We still do not set the exchange rate. There is a flexible exchange rate in the country. However, our goal is to avoid sharp…
JSC CB PrivatBank has become the 14th bank to join the BankID remote identification system of the National Bank of Ukraine (NBU). “We have very good news – PrivatBank has joined the BankID of the NBU! Now PrivatBank clients will be able to get remote access to financial, administrative and commercial services through the BankID…
The average wage in Ukraine in January amounted to UAH 9,581, according to the Pension Fund of Ukraine. “The average wage rate for January, totaling 9,581 hryvnias 38 kopecks, was approved, from which insurance contributions were paid and which, in accordance with the Law of Ukraine “On Compulsory State Pension Insurance”, was taken into consideration…
Ukraine will export about 25 thousand tons of mustard seeds in 2019-2020 MY, up by 25% YoY, and that will be the maximum volume over 3 years. Ukraine shipped 15.3 thousand tons of the oilseed or 61% of the forecast during the 7 months of the season (August-February). “Thus, Ukraine could export 10 thousand tons…
The National Bank of Ukraine (NBU) expects that cash foreign currency will arrive in Ukraine in the next few days, Deputy NBU Governor Oleg Churiy has stated at a briefing. “Cash delivery of foreign currency is expected in the coming days. If foreign currency is transferred to banks without the participation of the National Bank,…