Economy

Increase in utility tariffs: Shmyhal made a statement
Changes in the deposit market: banks expect lower rates in 2024

Keeping funds on deposits may become less attractive. Ukrainian banks are planning to reduce interest rates on deposits in the first quarter of 2024, according to According to a study by the National Bank of Ukraine, 69% of banks expect to cut interest rates on corporate deposits, while 50%

30 January 16:54 Остафійчук Ярослав
Ukraine’s national debt has reached a historic high

As of the beginning of 2024, Ukraine's total public debt amounted to USD 145.32 billion. THIS IS AN INCREASE FROM THE PREVIOUS YEAR. At the beginning of 2022, it stood at USD 111.45 billion. Thus, during the year, the public debt increased by USD 33.87 billion (or more than 30%) and reached a historic high

30 January 14:42 Остафійчук Ярослав
The dollar is on the rise: NBU exchange rate

On 30 January, the National Bank of Ukraine announced the new official exchange rate of the hryvnia against the US dollar, which is 37.89 hryvnia to the dollar, according to the Thus, the hryvnia weakened by 11 kopeks compared to yesterday's figure. According to

30 January 10:34 Остафійчук Ярослав
The EU is ready to shake up Hungary’s economy for the sake of Ukraine

The European Union may strike at Hungary's economy to make it more accommodating in helping Ukraine. This is reported by Ukrayinska Pravda with reference to the Financial Times, the According to the publication, the plan is as follows: if Hungarian President Viktor Orban does not make concessions on the

29 January 09:57 Остафійчук Ярослав
Ukrainian banks import a record amount of foreign currency into the country

In 2023, Ukrainian banks imported a record amount of foreign currency equivalent to USD 9.5 billion since 2014. For comparison, back in 2022, this figure was $5.9 billion, according to the National Bank of Ukraine. This is reported by UNIAN, according to Most of the currency was imported to

27 January 16:06 Остафійчук Ярослав
The National Bank sharply increased the exchange rate of the dollar and the euro

The Ukrainian hryvnia continues to fall for the fourth day in a row. The National Bank of Ukraine has significantly increased the official exchange rates of the dollar and euro for the beginning of next week, reports Thus, according to the new exchange rate set on January 29, the US dollar

27 January 09:34 Дзвенислава Карплюк
VPO payments soon: Vereshchuk names the reason

Deputy Prime Minister for Reintegration of the Temporarily Occupied Territories of Ukraine Iryna Vereshchuk said that payments to internally displaced persons (IDPs) will be optimised. She said this during a national telethon, according to According to Vereshchuk, there are about 4.9 million internally displaced persons in Ukraine, of whom

27 January 07:07 Остафійчук Ярослав
Oil prices are rising globally

Brent crude oil prices rose to $80.27 per barrel. Thus, the trend continued, which began after data on a sharp decline in oil reserves in the United States, reports with reference to enkorr. On the London ICE Futures exchange, the price of Brent futures for March is estimated at

25 January 11:03 Остафійчук Ярослав
Ukraine helped Poland by consuming its electricity

Today, Ukraine consumed 1600 MWh of electricity produced in Poland, thus helping the neighbouring country to cope with the surplus. This was reported by the press service of Ukrenergo, reports The company emphasises that it is not about commercial imports, but about emergency assistance provided by Ukraine to Poland.

24 January 18:37 Остафійчук Ярослав