Despite the growing share of the euro in Ukraine’s foreign trade and international reserves, the US dollar remains the exchange rate-forming currency for the hryvnya. This was reported by the first Deputy head of the NBU Sergey Mykolaychuk in an interview with Interfax-Ukraine.
“Historically, the focus has always been on the hryvnia-dollar pair. We realize that changes are possible over time with the deepening of European integration, but there is no clear transition plan. Today the dollar remains the exchange rate-forming currency,” he said.
According to the official, the structure of reserves and settlements may change in the future, however, instruments for hedging currency risks, including forwards, are available for business.
Ukraine will be able to avoid recession and even accelerate economic development after the end of active hostilities, the first deputy head of the NBU, Serhiy Mykolaychuk, has said.
In an interview with Interfax-Ukraine, he emphasized that the international experience of post-war crises is not fully applicable to Ukraine.
“We expect that defense spending will remain significant, while European integration plans and capital inflows will support the economy. In addition, the reintegration of veterans into peaceful life will be faster than it was in other countries, thanks to modern technologies and features of society,” Mykolaychuk said.
Sales of new passenger cars in Ukraine in January-August this year increased by 3% compared to the same period last year, amounting to 46,000 units, according to UkrAvtoprom on its Telegram channel.
At the same time, in August, initial registrations of passenger cars amounted to about 6,800 units, which is 16% less than in August last year.
“But a year ago, the market was dominated by frenzied demand caused by expectations of the introduction of an additional 15% tax on car purchases,” UkrAvtoprom notes, calling this year’s August result the best in the last 11 months.
Compared to July 2025, demand for new cars grew by 5%.
The Japanese brand Toyota (999 units) continues to lead the market, with Chinese BYD (860 units) close behind.
The next positions in the ranking were taken by Renault (529 units), Volkswagen (527 units), Skoda (407 units), Hyundai (393 units), BMW (337 units), Honda (328 units), Suzuki (231 units), and Audi (225 units).
The bestseller of the month was the compact crossover Renault Duster (486 units).
In turn, the information and analytical group AUTO-Consulting also calls the sales of passenger cars in August (6,955 thousand) a good result, although they decreased by 17% compared to August 2024, when there was a rush of demand.
“Despite the decline compared to August last year, the car market is on an upward trend. These are very good starting conditions ahead of the busy autumn business season,” the group said in a statement on its website.
According to analysts, the top three were Toyota (1,018 thousand), BYD (868 units), and Volkswagen (551 units).
According to the group, 47.4 thousand new cars were added to the Ukrainian car market in eight months.
As reported, according to AUTO-Consulting, in 2024, sales of new passenger cars in Ukraine increased by 9.8% compared to 2023, to 71,300 units, and according to Ukravtoprom, initial registrations increased by 14%, to 69,600 units.
The use of exchange rate policy to address structural imbalances when international reserves are sufficient is a wrong decision, according to First Deputy Governor of the National Bank of Ukraine Sergiy Nikolaychuk.
In an interview with Interfax-Ukraine, he explained that the main factor behind the downgrade of GDP growth forecasts and revision of inflation in 2024 was increased security risks and the impact of weather conditions on crop yields.
“We analyze in detail the dynamics of missile strikes, drone attacks, and the duration of air raids. Unfortunately, this year the situation is much worse than last year. This has a direct impact on business activity and the economy’s potential,” Nikolaychuk said.
According to him, the foreign trade deficit is an “objective reality” caused by the war, increased imports for defense and energy needs, and reduced export opportunities.
“It would be wrong to solve these structural problems through exchange rate policy when we have a sufficient level of international reserves. We see other ways – more active state policy through duties, taxes or non-customs barriers to non-critical imports,” he emphasized.
The official emphasized that the National Bank continues gradual currency liberalization and has provided businesses with tools to hedge currency risks.
As of the end of August, 5.8 thousand notaries work in Ukraine, according to the Unified Register of Notaries of the Ministry of Justice of Ukraine. Since the beginning of the full-scale war, the number of notaries has decreased by 11%. A quarter of all notaries in the country work in Kyiv. 82% of these professionals are women.
5,845 notaries work in Ukraine. Since the beginning of the full-scale war, the number of notaries has decreased by an average of 200 professionals per year. In general, compared to 2021, there are now 11% fewer such specialists.
It is worth noting that the Register of Notaries is dynamic, as new lawyers are constantly added to it and specialists who are no longer authorized to practice notary work are removed. Accordingly, it is possible to compare the number of specialists only as of a specific date.
Most notaries are registered in Kyiv – 1,292 or 22%. Also, specialists choose to work in Dnipropetrovska oblast (451 (8)%), Lvivska oblast (446 or 8%), and Odeska oblast (420 or 7%).
Since the start of the full-scale notary campaign, the number of notaries has increased in relatively safe regions of the country: +5% in Cherkasy and Kyiv regions, +2% in Rivne and Vinnytsia regions. The only region where the number of notaries has not changed is Ternopil region: 132 specialists work there, as it was before the full-scale lockdown.
Instead, in the regions close to the frontline, the number of specialists has decreased: 20 times in Luhansk region, 4 times in Kherson and Donetsk regions, 1.8 times in Zaporizhzhia, and 1.3 times in Kharkiv region.
The majority of Ukrainian notaries are engaged in private practice – 88% or 5,139 of them. Another 12%, or 687 professionals nationwide, work in state notary offices and only 0.3% work in state notary archives.
The vast majority of Ukrainian notaries are women: 82% or 4,804 professionals. It should be noted that, unlike in many other areas, the full-scale war did not have much of an impact on the gender advantage in the notary profession: in 2021, there were 81% of women.
https://opendatabot.ua/analytics/notary-2025
Agroholding Continental Farmers Group has started harvesting potatoes in the Ternopil and Lviv regions, where 2,100 hectares are allocated for cultivation, according to the agroholding’s press service.
“Harvesting is already underway in both regions where the company grows crops: in Lviv region, they started with chip potatoes, and in Ternopil region, with early seed varieties. In addition, Continental will also harvest food varieties. In total, the company will harvest tubers from an area of 2.1 thousand hectares this season,” the agricultural holding said, adding that potato harvesting will continue until the end of October.
Continental also said that in 2025, it purchased new machinery and equipment for potato production worth more than EUR 1.85 million. This includes Ukraine’s first self-propelled four-row third-generation potato harvester with a capacity of 460 hp, a trailer-transloader, a receiving hopper, an optical sorter, a potato picker, and equipment for calibrating and storing products.
As reported, Continental allocated 2,130 hectares for potatoes in the 2025 season, of which 60% are chip varieties, 24% are table varieties, and 16% are seed plots. The agricultural holding explained the 13% increase in the area under this crop compared to last year by the growth in demand for table potatoes and additional demand for the production of chip potatoes.
The Mriya agricultural holding and CFG, united under the name Continental Farmers Group, have been operating as a single business since November 2018, when Mriya signed an agreement with international investor Salic UK to sell its assets.
Salic was founded in 2012. Its sole shareholder is the Saudi Arabian Public Investment Fund, which invests in agricultural and livestock production.
