KIEV, Sept. 5 ??“ A new set of rules promulgated by the National Bank of Ukraine recognizes the widespread use of direct foreign currency investment.
The rules, which were approved Aug. 10 and go into effect Sept. 8, specify that monetary foreign investment in Ukraine is made by foreign investors in foreign currency that, according to the Classifier of foreign currencies and bank metals, is considered freely convertible, widely used for payments in international operations and sold at main forex markets of the world, and is also allowed to be invested in Ukraine (Group 1 of the NBU Classifier).
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