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27 of August, 15:33

NBU: the contract with the creditors will give the opportunity to remove the limits on the financial market
The achievement of the agreement with Kiev on sovereign debt restructuring will enable the National Bank of Ukraine (NBU) to gradually lift the current limits on the financial market, said on Thursday the Head of the NBU Valeria Gontareva.
"agreed on with the IMF roadmap we have planned a gradual lifting of all the restrictions imposed, this will help the successful conclusion of negotiations with international lenders on the restructuring of external debt ", ? quoted Gontareva RIA " Novosti ".



According to the head of the NBU, this cannot be done at once, the process will be gradual. Gontareva said that in the case of the exemption in the 1st turn will cancel the limit on the purchase of cash foreign currency by the population, followed by gradual removal of the limit on the issuance of foreign currency deposits, as well as reducing the number of documents needed to purchase a currency on the interbank currency market on Thursday the national Bank of Ukraine on the background of the announcement of the consensus between Kiev and the lenders decided to reduce the key rate from 28 August to 3 percentage points ? from 30% to 27% per annum. Ukraine agreed with international lenders on the write-off 3, 8 billion from 19, 3 billion dollars of debt. The head of Ukrainian government Arseniy Yatsenyuk confirmed that "the expected enemies of Ukraine" default would not take place because Kiev had reached agreement with creditors. While Kiev has asked the Russian Federation " to accept the rules of writing off other creditors ". However, the Minister of Finance Anton Siluanov said that Moscow will not do it.

sections: Politics

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