Ukraine national bank tightens currency reservation rules
25 June 2013
The National Bank of Ukraine is tightening its reserves requirements on foreign currency deposits as of July 1, the NBU stated in a June 20 resolution. Long-term foreign currency deposits will have to be reserved with 5% of a deposit (3% previously), short-term deposits with 10% (9% previously), and foreign currency on current accounts should be reserved at 15% of the sum (10% previously).
