FRIDAY, AUGUST 14, 2020
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Stronger hryvnia will shave 0.5% off economic growth in 2021: report

KYIV, July 29 The strengthening of the hryvnia in 2021 from projected UAH 29.10/$1 to UAH 28-27/$1 will cost the economy 0.2-0.5% of GDP, the Ministry for Economic Development, Trade and Agriculture said in an explanatory note to the draft resolution with a revised macroeconomic forecast for the next three years.
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Oschadbank, WNISEF launch cheaper lending to social enterprises

KYIV, July 28 Oschadbank, in partnership with the U.S. Western NIS Enterprise Fund (WNISEF), is launching concessional lending to social enterprises from eastern Ukraine at 5% per annum, the bank's press service said on Tuesday.
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Alfa-Bank working on investment products for retail clients in Ukraine

KYIV, July 28 Alfa-Bank (Kyiv) is exploring options for investment instruments, alternative to banking, which can be offered to clients amid a significant decrease in deposit rates, General Manager of the bank Rafal Juszczak has said.
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Ukrainian farmers seek bigger quotas for agriculture products to EU

KYIV, July 28 Farmers expect an increase in import quotas for Ukrainian products in the EU as part of the update of the Ukraine-EU Association Agreement (AA), in particular, tomato producers expect an increase in annual tomato import quotas from 10,000 tons to at least 30,000 tons.
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Egypt expects massive number of Ukrainian tourists by end-2020

SHARM EL-SHEIKH, July 28 Egypt expects an increase in the flow of tourists from Ukraine in the autumn and expects by the end of 2020 to "catch up" with the indicators of 2019, when the country was visited by more than 1.7 million tourists from Ukraine, Managing Director of ODEON Tours, the host of Coral Travel in Egypt, Abdallah Tarek has said.
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Ukraines energy ministry wants to see more power exports

KYIV, July 27 The Energy Ministry backs the increase in power exports and opposes its imports to Ukraine, acting Energy Minister Olha Buslavets has said.
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Ukraine cant make enough COVID-19 test kits, Synevo lab warns

KYIV, July 27 Ukraine will not be able to provide itself with domestic tests for COVID-19 due to their insufficient quality, however, the global shortage of reagents for conducting tests for coronavirus restrains an increase in the volume of PCR testing for diagnosing the disease, Mykola Skavronsky, commercial director of Synevo, said.
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30,000 Ukrainians traveled to Turkey for holidays in past 2 weeks

KYIV, July 27 Every day more than 20 planes with tourists from Ukraine land in Turkey, and more than 30,000 Ukrainians have arrived in Antalya in the first two weeks of July, Turkish Ambassador to Ukraine Yagmur Ahmet Guldere said.
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New platform to help Ukraine boost security

WARSAW, July 28 - Poland, Lithuania and Ukraine on Tuesday announced a new platform for increasing cooperation in security, economy, and political matters, as well as for fighting COVID-19, AP reported.
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Alfa-Bank plans to expand to become Ukraines largest universal bank

KYIV, July 28 Alfa-Bank, Ukraines No. 6 largest bank by assets, will expand its operation in to become the largest universal bank in the country, General Manager of Alfa-Bank Rafal Juszczak said Tuesday.
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Currencies (in hryvnias)
  13.08.2020 prev
USD 27.53 27.60
RUR 0.375 0.379
EUR 32.56 32.56

Stock Market
  12.08.2020 prev
PFTS 500.1 500.1
source: PFTS


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