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KIEV, August 21. /ITAR-TASS/. The National Bank of Ukraine obliged exporters to sell all foreign currency revenues, including those in Russian rubles, starting from August 21. The National Bank released a resolutio at its website on Thursday.
Foreign currency should be sold at inter-bank foreign currency market or directly by the National Bank of Ukraine. Fifty percent of foreign currency proceeds should have been sold earlier.
The regulator’s resolution said that this decision had been taken “due to public and political tension, uncertainty over further developments and also taking into account economic problems related with an anti-terrorist operation (in the south-east) in Ukraine.”
Meanwhile, such decision was taken because "Ukrainian financial system could not be used for money laundering and terrorism funding".
A new rule for foreign currency sale will be in effect for 90 days.