FLIFI members welcome steps of the National Bank of Ukraine (NBU) aimed at currency market liberalization and foreign currency control relaxation, namely recent adoption of NBU Resolution #125 "On Approval of Amendments to the Regulation on Safeguards and Procedures for Certain FX Transactions", dated October 29, 2019. By adopting this Resolution, the NBU cancels a daily limit of UAH 150 thousands set on purchase of foreign currency and precious metals through the cash desk of a bank, a financial institution or via online banking systems.

Moreover, the requirement for individuals to submit documents to banks confirming the grounds for transactions in the purchase of non-cash foreign currency is also terminated.