: :inin Kyiv (EET)

Section: Economy

    U.S. Congress approves defense budget for 2017, providing for military aid to Ukraine
    Dec03

    U.S. Congress approves defense budget for 2017, providing for military aid to Ukraine

    The United States plans to expand military cooperation with Ukraine, in particular, to provide the equipment and technical support to the State Border Guard Service of Ukraine, as stated in the draft U.S. defense budget for 2017, approved by the lower house of Congress, according to Deutsche Welle. The document was adopted by an overwhelming...

    NBU: Loss of Ukrainian banks shrinks by 4.3 times since year-start
    Dec03

    NBU: Loss of Ukrainian banks shrinks by 4.3 times since year-start

    The Ukrainian banks see losses at UAH 12.6 billion from the beginning of the year, which is 4.3 times less than in the previous year, the National Bank of Ukraine reported on its website. The total operating loss of Ukrainian banks amounted to UAH 12.6 billion in January-October 2016, which is 4.3 times lower than in the same period last year at...

    NBU estimates Ukraine`s international reserves at $15.3 bln as of Dec 1
    Dec02

    NBU estimates Ukraine`s international reserves at $15.3 bln as of Dec 1

    The National Bank of Ukraine estimates the country`s international reserves as of December 1 at about US$15.3 billion. ”We estimate reserves we plan to have as of December 1 at about $15.3 billion. Perhaps, this figure could be adjusted later, but it is about $15.3 [billion],” NBU Deputy Governor Oleh Churiy said on Thursday, December 1. Speaking...

    Hryvnia weakens to UAH 25.95 to dollar on interbank market
    Dec02

    Hryvnia weakens to UAH 25.95 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Friday fell to UAH 25.88/25.95 to the dollar by the middle of trade, a broker at a commercial bank has told an UNIAN correspondent. Hryvnia quotes against the euro have settled at UAH 27.5531/27.5932, while those against the Russian ruble have settled at UAH 0.4025/0.4035....

    Ukraine posts balance of payments surplus worth US$1.1 bln in 10 months
    Dec02

    Ukraine posts balance of payments surplus worth US$1.1 bln in 10 months

    Ukraine posted US$1.098 billion in the surplus of the balance of payments January through October 2016, which was five times higher than the surplus posted in the same period of 2015 at $227 million, according to the National Bank of Ukraine (NBU). The surplus of the balance of payments in October 2016 alone stood at $91 million. The current...

    National Bank of Ukraine: Ukraine`s forex reserves will shrink without IMF loans
    Dec02

    National Bank of Ukraine: Ukraine`s forex reserves will shrink without IMF loans

    Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva says that giving up support of the International Monetary Fund (IMF) and other international donors will translate into a reduction in Ukraine`s forex and gold reserves, which threatens the country`s financial stability, according to a posting on the NBU`s website. ”It`s extremely...

    Tusk says Russia sanctions likely to be extended
    Dec02

    Tusk says Russia sanctions likely to be extended

    The head of the European Union`s executive body has said he expects EU sanctions against Russia to be extended next year, but that it will be harder to do that in the future, according to Radio Liberty. Donald Tusk, who is president of the European Council and a former Polish prime minister, made the comments in an interview broadcast on December...

    Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation
    Dec02

    Oil prices dip after OPEC-Russia output cut deal, focus swings to implementation

    Oil prices slipped on Friday as some investors opted to cash out after Brent touched 16-month a high on Thursday, with optimism over this weekэs OPEC-Russia accord on cutting output giving way to questions on the ”sticking point” of implementing the deal, according to Reuters. International Brent crude oil futures LCOc1 were trading at $53.36 per...

    Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln
    Dec02

    Ukrainian Bank for Reconstruction and Development sold to Chinese investor for almost UAH 83 mln

    The State Property Fund of Ukraine (SPF) chief Ihor Bilous said Wednesday it had sold at a second-try auction a state-owned Ukrainian Bank for Reconstruction and Development (UBRD) to China`s Bohai Commodity Exchange Co., Ltd. (BOCE). The bank was sold at a starting price as the bidding had just one participant, Bilous reported on the results of...

    4G in Ukraine: government names deadline for tender, price of licenses
    Dec01

    4G in Ukraine: government names deadline for tender, price of licenses

    The National Commission for Communications and Informatization Regulation (NCCIR) plans to have held a tender for the introduction of 4G communications technology (LTE) by October 2017, Chairman of the NCCIR Alexander Zhyvotovsky wrote on Facebook, with reference to the results of the committee meeting on Tuesday, November 29. ”The prices for...

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