Business news from Ukraine

Business news from Ukraine

HRYVNIA DEPOSITS OF POPULATION OF UKRAINE INCREASES BY 19% SINCE BEGINNING OF WAR

Since the beginning of Russia’s armed aggression in Ukraine, hryvnia deposits of the population have grown by 19%, while deposits in foreign currency have decreased by 2%, said the head of the National Bank of Ukraine (NBU), Kyrylo Shevchenko.

“As for the outflow of deposits, on April 1, compared to the first day of the war, hryvnia deposits of the population increased by 19%. Deposits in foreign currency decreased by 2%,” he said in an interview with Economic Truth.

Shevchenko added that since the beginning of the active phase of the war, the funds of legal entities have decreased by 4% – in hryvnias and by 8% – in US dollars.

“We have no critical outflows from the system,” the head of the NBU summed up.