• 27/02/2024 06:16

The main thing for the week: the law on mobilization, a record for the purchase of foreign currency, a reduction in the budget deficit by 20 times

The new law on mobilization is already passing through parliament: where to get money for the draft

The main thing for the week: the law on mobilization, a record for foreign currency purchases, reduction of the budget deficit by 20 times

On February 7, the Verkhovna Rada supported the government bill on mobilization in the first reading. There is no doubt that the document will promptly pass parliamentary hearings and be signed by the President. Therefore, it’s time to calculate the “price of the issue.”

Ukrainians again updated the record for currency purchases: in January, the dollar grew the most in 16 months

In January, on the cash market, the average dollar exchange rate increased by 1.9% to 38.56, which is the maximum over the last 16 months. Overall, net purchases of foreign currency this month reached $1.103 billion, which is a record for the last 11 years.

International reserves fell by almost 5% in January

In Ukraine's international reserves decreased by 4.9% or $2 billion in January. As of February 1, they amounted to $38.5 billion.

In January, the state budget deficit decreased by almost 20 times< /p>

The state budget deficit of Ukraine in January decreased by almost 20 times when compared with the previous month.

Inflation in Ukraine on an annual basis decreased to 4.7% – State Statistics Service

The growth of consumer prices in Ukraine in January 2024 slowed to 0.4% from 0.7% in December, on an annual basis – to 4.7% from 5.1% in December.

The NBU is studying the issues of restrictions on card transfers and replenishing cash through terminals

The main thing for the week: the mobilization law, a record for foreign currency purchases, reducing the budget deficit by 20 times

The National Bank is developing draft decision on limiting card transfers and introducing cash withdrawal limits through self-service terminals. First Deputy Head of the NBU Ekaterina Rozhkova reported this.

minfin.com.ua

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