Deposit Guarantee Fund tightens rules for selling assets of liquidated banks
Apr01

Deposit Guarantee Fund tightens rules for selling assets of liquidated banks

The Individual Deposit Guarantee Fund has introduced the mandatory scope and deadlines for disclosing information on assets of the banks that are being liquidated that have been put up for sale, according to a posting on the Fund`s website.As reported, information about items subject to sale should be published on the Fund`s website, as well as...

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Hryvnia strengthens to UAH 26.10 to dollar on interbank market
Apr01

Hryvnia strengthens to UAH 26.10 to dollar on interbank market

Hryvnia quotations against the dollar on the interbank currency market on Friday, April 1, have strengthened to UAH 26.00/26.10 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 29.6370/29.7480, while those against the Russian ruble have settled...

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Yatsenyuk almost doubles his earnings in 2015
Apr01

Yatsenyuk almost doubles his earnings in 2015

The total amount of Arseniy Yatsenyuk`s income in 2015 was UAH 1.966 million. Compared with the previous year, his revenues have grown almost in two times.According to the press service of the Cabinet of Ministers, this amount includes salary during his tenure (UAH 81,721), interest on bank deposits (UAH 1.240 million), as well as income from the...

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Ukraine MFA protests Russian court`s ban to appeal against verdict of Ukrainian convicted for espionage
Apr01

Ukraine MFA protests Russian court`s ban to appeal against verdict of Ukrainian convicted for espionage

The Ministry of Foreign Affairs of Ukraine has expressed protest in connection with the refusal of the Supreme Court of the Russian Federation to allow defense team`s appeal in the case of Ukrainian citizen Valentyn Vyhovskiy.Moscow Regional Court sentenced Vyhovskiy to 11 years` imprisonment in a high security penal colony, the ministry said,...

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All public procurement of Ukraine`s central govt bodies transferred to ProZorro e-system
Apr01

All public procurement of Ukraine`s central govt bodies transferred to ProZorro e-system

Ukraine`s central government bodies entirely switch to the Prozorro e-procurement platform starting April 1, 2016.According to the law ”On public procurement,” adopted by the parliament in its final version on February 4, 2016, the transition to electronic public procurement will take place in two stages: from April 1 – for central government...

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Chinese yuan strengthens to 6.4585 against dollar Friday
Apr01

Chinese yuan strengthens to 6.4585 against dollar Friday

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 27 basis points to 6.4585 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System, Chinese leading financial and business information provider Xinhua Finance Agency reported.In China`s spot foreign exchange market, the yuan is...

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World Bank estimates Ukraine`s economic drop by 10%, forecasts 1% growth in 2016
Apr01

World Bank estimates Ukraine`s economic drop by 10%, forecasts 1% growth in 2016

The World Bank has estimated that Ukraine`s GDP contracted by 10% in 2015, and has maintained its forecast for GDP growth in Ukraine in 2016 at 1%, said Qimiao Fan, World Bank Country Director for Belarus, Moldova, and Ukraine, during the presentation of a new economic review and macroeconomic forecast for Ukraine.He also noted that the...

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Tesla Model 3 announced: release set for 2017, price starts at $35,000
Apr01

Tesla Model 3 announced: release set for 2017, price starts at $35,000

After ten years of waiting, Tesla has revealed the Model 3, the vehicle that CEO Elon Musk hopes will take the electric car to the masses, The Verge reported.At the unveiling of the Model 3 on Thursday at the company`s design studio in Hawthorne, California, Tesla CEO Elon Musk said the car will deliver at least 215 miles of range beginning at...

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Hryvnia strengthens against dollar by 3% in March – NBU
Apr01

Hryvnia strengthens against dollar by 3% in March – NBU

As of March 25, the exchange rate of the hryvnia against the U.S. dollar strengthened by 3% compared with the beginning of the month, according to the macroeconomic and monetary review of the National Bank of Ukraine in March, published on its official website.According to the National Bank's estimates, the strengthening of the national...

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Oil prices fall on stronger dollar, further oversupply worries
Apr01

Oil prices fall on stronger dollar, further oversupply worries

Oil futures fell in Asian trade on Friday as oversupply, a strengthening dollar and falls in regional stock markets all weighed on sentiment, Reuters reported.But another fall in U.S. oil output in January helped to limit the losses, according to Reuters.Brent crude for June delivery LCOc1 fell 46 cents to $39.87 a barrel as of 0549 GMT. The May...

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