Framework for liberalization
The new system of currency regulation was launched with putting
into effect the long-awaited Law of Ukraine “On Currency and
Currency Transactions” (Law), which finally replaced the
Decree of the Cabinet of Ministers of Ukraine “On the System
of Currency Regulation” from 1993. As a result, the National
Bank of Ukraine (NBU) Resolution dated February 5, 2019, No. 31
rescinded the 252 NBU acts in the area of currency regulation.
Now the new system is presented only by 8 (eight) NBU's
Resolutions:
Resolution No.1 “On Approval the Regulation on the
Structure of the Currency Market of Ukraine, the Terms and
Procedure for Trading Currency and Bank Metals on the Currency
Market of Ukraine”;
