: :inin Kyiv (EET)

Section: Economy

    Hryvnia weakens to UAH 26.21 to dollar on interbank market
    Dec12

    Hryvnia weakens to UAH 26.21 to dollar on interbank market

    Hryvnia quotations against the dollar on the interbank currency market on Monday fell to UAH 26.16/26.21 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 27.7139/27.8557, while those against the Russian ruble have settled at UAH 0.4061/0.4071....

    S&P forecast for Ukraine: Economy to grow by 1% amid 14% inflation by end of 2016
    Dec12

    S&P forecast for Ukraine: Economy to grow by 1% amid 14% inflation by end of 2016

    Standard & Poors Global ratings forecasts that Ukraine`s economy may grow by 1% by the end of the current year amid 14% inflation and the average annual forex rate set at UAH 25.6 per U.S. dollar. The rating agency projects that Ukraine`s macroeconomic situation will improve, and its economic growth will be between 2.3-2.9% by 2019 while...

    Rescuers save 1,164 migrants in Mediterranean, find 6 bodies
    Dec12

    Rescuers save 1,164 migrants in Mediterranean, find 6 bodies

    Rescuers plucked 1,164 people from rubber and wooden boats in the Mediterranean under heavy thunderstorms on Sunday and recovered six dead bodies during the operations, relief services said, according to Reuters. Italian coastguard and naval ships, a vessel from the European Union`s anti-smuggling mission and private aid groups rescued the people...

    Oil prices soar on global producer deal to cut crude output
    Dec12

    Oil prices soar on global producer deal to cut crude output

    Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to rein in oversupply and prop up markets, according to Reuters. Brent crude, the international benchmark for oil prices, soared to $57.89 per barrel in overnight trading between...

    Ukrainian Parliament Chairman names date for budget adoption
    Dec11

    Ukrainian Parliament Chairman names date for budget adoption

    Chairman of the Verkhovna Rada, Ukraine`s parliament, Andriy Parubiy has set a goal to ensure the adoption of the state budget on December 20-23. This statement he made during his visit to Lviv region, according to Ukrainian TV channel ZIK. ”I have previously expressed an ambitious goal – to adopt the budget by December 8, for which I am now...

    Ukraine`s Central Bank explains slowdown of inflation in Nov
    Dec11

    Ukraine`s Central Bank explains slowdown of inflation in Nov

    The National Bank of Ukraine (NBU) says the slowdown of year-over-year inflation in November 2016 against the level recorded in October 2016 was due to a decrease in the index of prices of whole foods at a higher pace than it was predicted. Inflation in November 2016 was 1.8%; while year-over-year inflation slowed to 12.1% in November 2016...

    Trilateral gas talks proved once again useful – Vice-President of the European Commission
    Dec10

    Trilateral gas talks proved once again useful – Vice-President of the European Commission

    Vice-President of the European Commission in charge of the Energy Union Maros Sefcovic is positive about the outcome of a recent round of trilateral gas talks between the European Commission, Russia and Ukraine, claiming the trilateral format has again proved to be useful. ”The trilateral format has again proven its usefulness today. Facilitated...

    S&P ratings on Ukraine affirmed at `B-/B` with stable outlook
    Dec10

    S&P ratings on Ukraine affirmed at `B-/B` with stable outlook

    S&P Global Ratings on December 9, 2016, affirmed its `B-/B` long- and short-term foreign and local currency sovereign credit ratings on Ukraine. The outlooks on the long-term foreign and local currency ratings are stable. ”At the same time, we affirmed the `uaBBB-` Ukraine national scale rating,” S&P said in a statement on Friday....

    National Bank of Ukraine: Number of operating banks in Ukraine decreases to 98 in Nov
    Dec09

    National Bank of Ukraine: Number of operating banks in Ukraine decreases to 98 in Nov

    The number of banks operating in Ukraine, that are licensed to conduct banking activities, was 98 as of December 1, which was two financial institutions less than as of November 1. According to the data provided to UNIAN by the National Bank of Ukraine (NBU), the number of operating banks with foreign capital has not changed in Ukraine in...

    Ukrainians in Nov sell $21 mln more currency than they purchase
    Dec09

    Ukrainians in Nov sell $21 mln more currency than they purchase

    Net sales of foreign currency by the Ukrainians in November amounted to $21.3 million, which is five times lower than the net sales in the previous month, according to the National Bank of Ukraine. In November, the banks sold $116.4 million of cash currency to the population, buying $137.7 million in the same period, as reported on the NBU...

    Pin It on Pinterest