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The law has abolished individual licenses for foreign exchange transactions.
Legal entities and individuals during the first week since the new currency legislation came into force invested abroad some EUR 1.7 million within the established e-limits, the press service of Ukraine's National Bank says, referring to the data coming from banks.
This week, Ukrainians bought about $19 million through online banking tools.
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Also in the said period, Ukrainian businesses entered into 17 new loan agreements with non-residents under the streamlined procedure, that's without the need to register with the NBU.
UNIAN memo. On February 7, a new currency law came into force in Ukraine, implying the easing of almost thirty restrictions in the foreign exchange market. The new legislation allows legal entities using their accounts abroad without restrictions, and non-residents – using their accounts in Ukrainian banks. It also provides for the abolition of individual licenses for foreign exchange transactions and allows individuals to purchase foreign currency online.