IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 05 Mar 2016 | Removal date: 04 Jun 2016
Still in force

Repatriation & surrender requirements

With Resolution No. 140 of 3 March 2016 the National Bank of Ukraine introduced a mandatory sale on the interbank currency market of 75% of the proceeds in foreign currency of residents, obtained from the sale of goods as part of international trade contracts. This rule is to enter into force on 5 March 2016 and is valid until 8 June 2016.
Previously, the mandatory foreign currency sale rule was set at 100% (see the attached related GTA report No. 11527).

AFFECTED COUNTRIES

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