According to Interfax-Ukraine, the National Bank of Ukraine (NBU) increased its interventions in the interbank market last week by $307.0 million, or 29.6%, to $1.3444 billion, marking the largest weekly volume of interventions since the end of 2024, according to statistics on the regulator’s website.
According to data from the National Bank, over the first four days of last week, the average daily negative balance of currency purchases and sales by legal entities increased to $170.9 million from $97.1 million during the same period a week earlier, totaling $683.4 million.
At the same time, in the retail foreign exchange market from Saturday to Thursday, the negative balance rose to $57.9 million from $38.5 million the week before last.
The official hryvnia-to-dollar exchange rate strengthened from 44.1381 UAH/$1 at the start of last week to 43.9617 UAH/$1 by the end of the week.
The same trend was observed in the cash market, where the hryvnia exchange rate strengthened over the past week: the buying rate by 17 kopecks to 43.86 UAH/$1, and the selling rate by 19 kopecks to 44.24 UAH/$1.
Analysts at KYT Group, a major player in the cash currency exchange market (Liberty-Finance LLC), note that in the first half of March, the hryvnia continued to depreciate, and turbulence in the currency market intensified under the influence of both external and internal factors.
Among these factors, they cite hostilities in the Middle East, rising demand for the dollar and euro in Ukraine, as well as the cautious actions of the National Bank, which is balancing between currency demand and the need to maintain sufficient international reserves.
In their view, the strengthening of the dollar is creating additional pressure on the hryvnia in the global market: the DXY index has gained 3.33% over the past month, while the euro is weakening amid rising energy prices and Europe’s high dependence on fuel imports.
Analysts note that in mid-March, the EUR/USD pair fell to 1.1445, and the price of Brent exceeded $101.4 per barrel, which boosted demand for foreign currency in the Ukrainian market as well.
In the domestic context, they note an increase in demand for the currency in both the non-cash and cash segments, particularly due to purchases by importers of energy equipment and fuel.
At the same time, Ukraine’s international reserves, according to preliminary data cited in the review, decreased by 5% as of March 1, 2026, to $54.75 billion, and the NBU conducted several operations in March to exchange banks’ non-cash currency for cash to replenish cash reserves and prevent a cash currency shortage.
Regarding the dollar, KYT Group notes that in mid-March, the cash dollar buying rate reached 43.80–44.10 UAH/$1, and the selling rate—44.35–44.60 UAH/$1, while the spread between buying and selling widened to 0.45–0.60 UAH/$1.
According to their forecast, in the medium term (2–3 months), the rate is expected to be 44.30–44.90 UAH/$1, and in the long term (6+ months), the baseline scenario calls for a devaluation of the hryvnia to 44.4–45.5 UAH/$1.
https://interfax.com.ua/news/economic/1153678.html
According to Fixygen, the past week in the cryptocurrency market was marked by high volatility: prices were pressured by the conflict in the Middle East, rising oil prices, and a strengthening dollar; however, at the start of the new week, Bitcoin managed to hold near the $70,000 mark and partially recouped its losses. As of March 23, Bitcoin was trading around $70,800, and Ethereum around $2,160.
According to Fixygen, geopolitics remained the key external factor for the crypto market this week. Reuters reported that the escalation of tensions around the Strait of Hormuz and Brent’s surge above $113 per barrel intensified global risk-off sentiment, bolstered the dollar, and heightened fears that the Fed might maintain its hawkish policy for longer. For cryptocurrencies, this meant increased nervousness and a tighter correlation with other risky assets.
Regulatory uncertainty in the U.S. also added to the sector’s headwinds. Last week, Citigroup lowered its 12-month price targets for Bitcoin and Ethereum, citing the stalled progress of U.S. crypto legislation, particularly regarding the CLARITY Act and regulations for stablecoins. According to the bank’s assessment, the lack of rapid regulatory progress is dampening expectations of new institutional momentum.
Against this backdrop, the market experienced sharp volatility over the weekend and on Monday. According to Reuters and market reports, crypto assets initially fell due to rising tensions but then rebounded following signals of a possible pause in further escalation between the U.S. and Iran. Barron’s reported that Bitcoin rose above $70,000, while Investors.com noted an intraday jump above $71,000 following news of a temporary postponement of strikes.
Ultimately, the defining feature of the week was not a shift in the long-term trend, but a sharp increase in the crypto market’s sensitivity to macroeconomic factors. Whereas digital assets were previously often viewed as an isolated asset class, they are now reacting more noticeably to the dollar, yields, energy prices, and political risks.
Fixygen’s baseline forecast for the coming weeks is the continuation of a broad sideways range with high intraday volatility. For Bitcoin, the key zone appears to be the $68,000–$72,000 range: staying above it will support a stabilization scenario, while a new round of escalation in the Middle East or heightened expectations of a Fed rate hike could push the market back into a deeper correction. This conclusion is based on the current set of factors—oil, the dollar, and rate expectations.
For Ethereum, the picture looks weaker than for Bitcoin: the asset remains more sensitive to a decline in risk appetite and a slowdown in the inflow of institutional capital. If the regulatory agenda in the U.S. remains stalled, Ethereum is likely to lag behind Bitcoin and trade under significant pressure. This conclusion aligns with Citigroup’s revised forecast, which lowered its price target for Ethereum more sharply than for Bitcoin.
In a more positive market scenario, triggers could include de-escalation in the Middle East, a weaker dollar, and a return of expectations for Fed policy easing. In that case, the crypto market could quickly move toward a recovery, as liquidity and speculative demand in the sector remain high. But for now, the market is driven less by internal crypto news and more by global macroeconomics and geopolitics.
The shareholders of PJSC “Vasylkivska Poultry Farm” (Zelenyi Bir village, Kyiv region) intend to retain 2025 profits as undistributed at a remote general meeting on April 1, the company reported in the disclosure system of the National Securities and Stock Market Commission (NSSMC).
According to the draft resolutions, there are no plans to accrue or pay dividends based on the results of operations in 2025. The agenda also includes the approval of the results of financial and economic activities and the report of the company’s supervisory board for the past year.
In addition, shareholders plan to amend the company’s charter and internal regulations regarding the supervisory board and the general meeting by revising them. The company’s director will be authorized to sign the revised charter and take steps for its state registration.
According to data from the OpenDataBot service, in 2025, PJSC “Vasylkivska Poultry Farm” increased its revenue by 12%—to UAH 428.24 million—and net profit rose by 52.5%—to UAH 18.45 million. The company’s assets at the end of the year amounted to UAH 315.6 million, compared to UAH 294.2 million in 2024, while debt obligations decreased by 8% to UAH 142.4 million.
As reported, in March 2026, the company launched a private placement of an additional issue of 5.5 million shares with a par value of UAH 1.00 to increase its authorized capital from UAH 2.7 million to UAH 8.2 million. The funds raised, amounting to UAH 5.5 million, are planned to be used for the purchase of equipment, feed, and capacity expansion.
PJSC “Vasylkivska Poultry Farm” was founded in 2004 and is based in the Vasylkivsky district of the Kyiv region. The company specializes in the industrial production of poultry products, the breeding of domestic poultry, and the sale of related goods. The company’s production capacity allows it to simultaneously house approximately 600,000–700,000 birds (laying hens). The poultry farm produces over 150–180 million eggs annually, which it sells under its own “Dobre Yaitse” brand and as private label products for the “Silpo,” “Fora,” and “ATB” retail chains.
According to the Relocation.com.ua project, Italy is tightening controls on vacation rentals and short-term leases following the launch of a municipal monitoring tool within the national BDSR accommodation database and the mandatory national identification code (CIN). Back in June 2025, the Italian Ministry of Tourism provided municipalities with a special digital dashboard that allows them to identify properties without a CIN, track non-compliance, and strengthen oversight at the local level.
As the ministry explains, the BDSR and the CIN system operate under Article 13-ter of Decree-Law No. 145/2023. The new municipal interface includes four main functions, including viewing properties without a CIN, verifying mapping data, and tools for reporting violations. The Ministry explicitly calls this system a step toward greater digitization and transparency in the short-term rental market.
Practical results of this policy have already emerged in some cities. In Bologna, following the first inspections conducted in collaboration with the Guardia di Finanza and the municipality, 80 illegal accommodation properties were fined, while authorities stated that the analysis also revealed other irregularities in the tourist rental market.
Thus, reports that Italy is moving toward mass inspections of tourist apartments are generally confirmed. This initiative is based on the national BDSR database, the mandatory CIN code, and the provision of digital tools to municipalities that enable the systematic identification of illegal or improperly registered short-term rental properties.
Karmel (Khmelnytskyi), a manufacturer of concrete plants, plans to invest $10 million in the construction of another plant in Khmelnytskyi for the production of concrete manufacturing equipment, according to Dmytro Kysilevsky, deputy chairman of the Verkhovna Rada Committee on Economic Development.
“As part of its expansion plans, Karmel has purchased a plot of land on the outskirts of Khmelnytskyi for the construction of a new plant to produce concrete manufacturing equipment. The future plant will cover an area of 18,000 square meters—twice the size of the company’s current plant operating in Khmelnytskyi. Earthwork has already begun on the acquired site,” he wrote on his Facebook page on Monday.
Kysilevsky added that the decision to expand production was made in response to growing demand in domestic and export markets, particularly in the U.S.
“The company’s new production site will allow us to triple our capacity for manufacturing concrete plants. Additionally, we plan to launch production of new equipment—self-propelled concrete plants, as well as waste processing lines,” the MP noted.
Currently, according to his data, the company’s production volume stands at 40 concrete plants per year. Thirty percent of the equipment produced is exported.
In addition to stationary and mobile concrete mixers, the plant manufactures silos, cement dispensers, aggregate hoppers, water towers, and gantry cranes designed in-house.
Kysilevsky noted that the average localization rate for equipment manufactured by the Karmel plant is 70%, and products are sold on the domestic market, in particular, through the “Made in Ukraine” policy aimed at supporting Ukrainian manufacturers.
Specifically, concrete plant equipment is covered by a state program that compensates 15% of the cost of Ukrainian-made machinery, and a significant portion of the plant’s products is purchased using state grants of up to 8 million UAH.
“The company is currently considering the possibility of including its silos in the program to compensate 25% of the cost of agricultural machinery products,” the MP said.
According to information on its website, Karmel was founded in 1997. The company specializes in the manufacture of concrete production plants, concrete mixers, and a wide range of related equipment. The company’s production facilities, with a total area of over 40,000 square meters, are located in Ukraine and abroad. KARMEL has representative offices in Europe, Asia, and Africa, and its exports cover more than 20 countries.
Turkey is streamlining certain administrative procedures for foreign investors participating in the citizenship-by-investment program, while the basic eligibility requirements for the program remain unchanged. The most popular option still involves purchasing real estate worth at least $400,000 with a commitment not to sell the property for three years; alternative routes include a bank deposit, the purchase of government bonds, stock market investments, or fixed capital investments starting at $500,000.
According to industry consultants, in 2026 the program continues to operate without requiring long-term residence in the country or a language exam, and the total processing time for citizenship is typically about six months after investment confirmation. Market participants cite clearer and more centralized coordination of procedures through investment and immigration authorities as one of the practical simplifications, which reduces some of the bureaucratic burden on applicants.
Interest in the Turkish program remains steady amid overall foreign demand for local real estate, although the market itself cooled significantly in 2025. According to Daily Sabah, citing official statistics, foreigners purchased 21,534 residential properties in Turkey in 2025—the lowest figure in nine years.
Russian citizens led the list of buyers, followed by Iran, Ukraine, Germany, and Iraq. The top 10 also included Azerbaijan, Kazakhstan, China, Saudi Arabia, and Afghanistan.