: :inin Kyiv (EET)

Section: Economy

    Hryvnia strengthens to UAH 25.68 to dollar on interbank market
    Nov28

    Hryvnia strengthens to UAH 25.68 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Monday strengthened to UAH 25.65/25.68 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 27.29/27.35, while those against the Russian ruble have settled at UAH...

    Liquidation of bank belonging to Yanukovych`s son extended until 2020
    Nov28

    Liquidation of bank belonging to Yanukovych`s son extended until 2020

    Ukraine`s Deposit Guarantee Fund has extended the period of the liquidation of National Bank for Development (VBR) belonging to Oleksandr Yanukovych, the son of former Ukrainian President Viktor Yanukovych, until 2020, according to a posting on the Fund`s website. The Fund also prolonged the authority of the bank`s liquidator, Serhiy Mykhno. As...

    Oil prices fall over doubts of planned crude output cut
    Nov28

    Oil prices fall over doubts of planned crude output cut

    Oil prices fell on Monday, adding to Friday`s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday aimed at reining in global oversupply, according to Reuters. Brent crude futures LCOc1 fell 2 percent at one point, but regained ground to trade down 35 cents, or 0.74 percent,...

    European Commission President Juncker sees no ”argument” for lifting anti-Russian sanctions
    Nov28

    European Commission President Juncker sees no ”argument” for lifting anti-Russian sanctions

    European Commission President Jean-Claude Juncker says he sees no argument for lifting sanctions against Russia, according to Euronews. ”Up until now, I have seen no argument for the sanctions against Russia being immediately lifted,” Juncker said in an interview with Euronews. ”I would like to have an agreement with Russia that goes beyond the...

    Fitch affirms biggest Ukraine`s PrivatBank at `CCC`
    Nov28

    Fitch affirms biggest Ukraine`s PrivatBank at `CCC`

    Fitch Ratings has affirmed PJSC CB PrivatBank`s (Privat) and Bank Pivdennyi`s (PB) Long-Term Foreign Currency Issuer Default Ratings (IDR) at `CCC`, Fitch Ratings said in its press release. The IDRs are driven by the banks` respective standalone creditworthiness, as expressed by the `ccc` Viability Ratings (VRs). The VRs reflect weak asset...

    Public-private cooperation to make Ukraine`s information policy proactive
    Nov27

    Public-private cooperation to make Ukraine`s information policy proactive

    Key speakers at the panel discussion on the new communication strategies revealed to Ukraine Today how Ukraine should informationally respond to the Russian hybrid war. For the past 3 years, Russia`s been actively exploiting the means of a hybrid warfare to gain the lead not only at the front but also in the information field. Fake news,...

    EBRD, Ukraine agree to cooperate in transformation of Oschadbank
    Nov26

    EBRD, Ukraine agree to cooperate in transformation of Oschadbank

    Ukraine and the European Bank for Reconstruction and Development (EBRD) have agreed on measures to support and reform PJSC State Savings Bank of Ukraine Oschadbank and signed a memorandum of understanding. The memorandum was signed off by Ukrainian Finance Minister Oleksandr Danyliuk, Managing Director for Eastern Europe and the Caucasus for the...

    S&P upgrades Kyiv to `B-` on domestic bond repayment, outlook stable
    Nov26

    S&P upgrades Kyiv to `B-` on domestic bond repayment, outlook stable

    On November 24, 2016, S&P Global Ratings raised its long-term issuer credit rating on the Ukrainian capital City of Kyiv to `B-` from `CC`. The outlook is stable. ”Contrary to our previous base-case expectations, the city of Kyiv has redeemed ahead of schedule Ukrainian hryvnia (UAH) 1.9 billion of G series domestic bonds maturing on...

    Danish company seeking to invest in construction of solar power plants park in Chornobyl exclusion zone
    Nov25

    Danish company seeking to invest in construction of solar power plants park in Chornobyl exclusion zone

    The plans were announced by Minister of Ecology and Natural Resources of Ukraine Ostap Semerak during a meeting with representatives of the international consortium represented by Midas Consulting, as reported by the ministry`s press service. ”Over these 30 years has been significant progress on safety in the exclusion zone and at the Chornobyl...

    Ukraine`s large and medium-sized enterprises see UAH 82 billion profits against last year`s loss
    Nov25

    Ukraine`s large and medium-sized enterprises see UAH 82 billion profits against last year`s loss

    The State Statistics Service`s preliminary data show large and medium-sized enterprises of Ukraine in January-September 2016 received about UAH 82 billion of profit before tax, while in the same period last year the result was unprofitable, amounting to UAH 183.9 billion. In January-September 2016 compared to the same period last year, the...

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