NBU Eases Currency Restrictions: Import Simplified Amid Growing F...

NBU Eases Currency Restrictions: Import Simplified Amid Growing F...

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The National Bank of Ukraine continues its policy of relaxing currency regulations. Effective May 19, 2025, the NBU introduced a new set of relaxations by expanding the list of permitted currency operations for businesses and simplifying settlement procedures with foreign partners. These changes aim to boost imports and enhance access to foreign goods on the Ukrainian market. The simplification of currency transactions helps reduce transaction costs and makes international trade more predictable for importers. Sectors with fast turnover—such as electronics, pharmaceuticals, and construction materials—are expected to benefit the most. Analysts say these developments will strengthen Ukraine’s integration into the global economy and create competitive conditions for domestic businesses. However, experts also warn of potential risks: increasing import volumes may place additional pressure on Ukraine’s trade balance. Nevertheless, in the short term, the effect of these policies is seen as largely positive, especially considering ongoing logistical challenges due to the war.

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