: :inin Kyiv (EET)

Section: News & Summaries

    NBU strengthens official exchange rate to UAH 25.39 to dollar
    May17

    NBU strengthens official exchange rate to UAH 25.39 to dollar

    The National Bank of Ukraine on Monday evening strengthened the official hryvnia exchange rate by six kopiykas, bringing the national currency to UAH 25.39 to the dollar.The Central Bank set the following official exchange rates of the hryvnia against leading foreign currencies for May 17:$100 costs UAH 2,539.4671 (on May 16, it was UAH...

    Philly: Ukrainian hacker pleads guilty before U.S. judge in insider-trading case
    May17

    Philly: Ukrainian hacker pleads guilty before U.S. judge in insider-trading case

    A 28-year-old Ukrainian hacker pleaded guilty Monday, May 16, 2016, to taking part in a long-running international scheme in which yet-to-be published financial news releases were stolen and the information used in illegal trading that generated an alleged $30 million in profits, according to philly.com, a Philadelphia news portal.The scheme ? in...

    Five more Ukrainian cities will have their brand new police by June
    May16

    Five more Ukrainian cities will have their brand new police by June

    Ukrainian Interior Minister Arsen Avakov has announced that the brand new police will start working in five more cities and towns by June.”The [law-enforcement] reform is being implemented step-by-step,” he tweeted on Sunday, May 15.In particular, patrol police will begin to work in the cities of Kryvy Rih and Mariupol, as well as in the towns of...

    Surplus of Ukraine`s foreign trade in services up 7% in 1Q
    May16

    Surplus of Ukraine`s foreign trade in services up 7% in 1Q

    The surplus of Ukraine`s foreign trade in services in January-March amounted to $1.112 billion, which is 7% more than the surplus in the same period of the previous year at the level of $1,04 billion, according to the State Statistics Service of Ukraine.The export of goods from Ukraine decreased by 1,5% in January-March 2016 year-over-year to...

    President urges G7 to prolong sanctions against Russia
    May16

    President urges G7 to prolong sanctions against Russia

    Ukrainian President Petro Poroshenko on Monday, May 16, met with G7 Ambassadors accredited in Ukraine, emphasizing the need to extend the sanctions against Russia for the non-fulfillment of the Minsk agreements, according to the president`s press service.According to the president, pro-Russian militants have tended to escalate the situation in...

    NBU to revise deposit restrictions after cooperation with IMF resumes – NBU deputy chief
    May16

    NBU to revise deposit restrictions after cooperation with IMF resumes – NBU deputy chief

    National Bank of Ukraine after the resumption of cooperation with the International Monetary Fund, in addition to lifting the ban on repatriation of dividends, intends to soften current restrictions on the withdrawal of deposits, NBU Deputy Governor said in an exclusive interview with UNIAN.”In addition to the ban on dividends, we see that a ban...

    Ukraine`s Agrarian Minister calls for privatization of SFGCU, Agrarian Fund
    May16

    Ukraine`s Agrarian Minister calls for privatization of SFGCU, Agrarian Fund

    Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi has spoken in favor of privatization of the State Food and Grain Corporation of Ukraine and the Agrarian Fund, the state-owned enterprise on forward purchases.”I am convinced that such enterprises as the Agrarian Fund and the SFGCU may be more effective, and it makes no sense to keep...

    Russian special services force Ukrainian workers in Russia into cooperation: SBU
    May16

    Russian special services force Ukrainian workers in Russia into cooperation: SBU

    The Security Service of Ukraine learned that the Russian special services try to recruit seasonal workers from Ukraine, resorting to threats and blackmail.The special services of the Russian Federation tried to force a Ternopil resident, who had moved to work in Russia in his teenage years, into spying for Russia against Ukraine, according to the...

    Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor
    May16

    Reduction of hryvnia loan rates below 10% possible in 5 yrs – NBU Deputy Governor

    Deputy chief of the National Bank of Ukraine Dmytro Solohub said that the rates on bank loans in the national currency can fall under 10% in the next five years, provided that the deposit rates are at around 5%, as well as Ukraine`s judicial and tax systems are reformed.”If we are talking about inflation falling down to 5% in 2-3 years, and there...

    BPP faction elects new chairman
    May16

    BPP faction elects new chairman

    The Bloc of Petro Poroshenko faction unanimously elected chairman of the faction Ihor Hryniv, according to an UNIAN correspondent citing his sources in the faction.As UNIAN reported earlier, former chairman of the Bloc of Petro Poroshenko faction, Yuriy Lutsenko, on May 12 was appointed a Prosecutor General of Ukraine.The Bloc of Petro Poroshenko...

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