Economy

Inflation slows faster than projected by NBU for third month in a row

Inflation slows faster than projected by NBU for third month in a row

Inflation has been decreasing faster than projected by the National Bank of Ukraine (NBU) for the third consecutive month, thanks to an ample food and fuel supply, better conditions in the energy sector, improved inflation expectations, and a favorable situation in the foreign exchange market's cash segment.

11 April 2023

Canada's aid to Ukraine exceeds $6B

Canada's aid to Ukraine exceeds $6B

Since early last year, the Canadian government has provided Ukraine with various assistance worth over CAD 8 billion (over US$6 billion).

10 April 2023

Rada exempts imports of defense goods from customs duties, VAT

Rada exempts imports of defense goods from customs duties, VAT

The Verkhovna Rada of Ukraine passed two laws temporarily exempting imports of goods from VAT and customs duties to ensure that defense needs are met more quickly. This is for the country's defense forces to respond to Russian war of aggression in an effective and timely manner.

NBU says forex market situation improves

NBU says forex market situation improves

The difference between hryvnia’s official and cash exchange rate to the dollar has decreased to 2-4% in recent weeks, against 28.5% reported in June 2022.

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