Inflation slowed in February
Growth in consumer spending prices in Ukraine in February 2024 slowed to 0.3% compared to 0.4% in January and 0.7% in December 2023. This is the lowest figure since August 2023. On an annual basis, compared to February 2023, inflation slowed to 4.3%.
Ukraine will receive 6 billion euros from the EU in March-April
Ukraine will receive the first tranche under the Ukraine Facility program in the amount of 4.5 billion euros in March, and the second in the amount of 1.5 billion euros will arrive in April. This was announced by the Executive Vice President of the European Commission Valdis Dombrovskis.
International reserves continue to decrease: in February they lost 3.8%
In February, Ukraine’s international reserves decreased again – this time by 3.8% to $37.1 billion.
The Cabinet of Ministers will increase military duty and excise taxes
Bitcoin has touched $70 thousand, and Ethereum is approaching $4 thousand
The cryptocurrency market is approaching another turning point on March 8 – Bitcoin has already touched $70 thousand, and Ethereum is approaching $4 thousand.
The ECB kept rates at a record high
The Governing Council of the European Central Bank (ECB) at its meeting on Thursday, March 7, kept interest rates unchanged. This is stated in a message published following a meeting of the regulator’s board of governors. The ECB kept three key rates at the same level for the fourth meeting in a row.
The NBU confirmed the status of systemic importance for 15 banks
The National Bank based on the results of the annual review of bank performance indicators established criteria confirmed the status of systemic importance for 15 institutions that were on this list in 2023.
NBU fined Ukrposhta 17 million, also punished three banks and large exchangers: list
In February, the National Bank applied measures of influence to three banks and thirteen non-bank financial institutions for violations in the field of financial monitoring and currency legislation.