Ukraine’s National Bank buys almost $200M on interbank market over past week
The National Bank bought US$197.8 million and sold USD 122.43 million on the interbank foreign exchange market throughout the week.
Economy - Latest news
22 August 2022
21 August 2022
Grain exports: Ukraine could reach more than 50% of pre-war level by end of August
Ukraine’s export of grain and oilseeds could reach 4 million tonnes by the end of August, which is more than 50% of the pre-war level.
Ukraine's direct economic losses caused by war reach about $113B - KSE
The direct losses to the Ukrainian economy caused by the Russian invasion of Ukraine have already reached about $113.5 billion, according to the KSE Institute at the Kyiv School of Economics (KSE).
Four ships leave Odesa region ports along ‘grain corridors’
On Sunday, another caravan with foodstuffs left the ports of Odesa region: two ships departed from Chornomorsk port, one each from the ports of Odesa and Pivdennyi.
20 August 2022
Russia trying to circumvent Western sanctions, using Türkiye
U.S. Treasury is concerned about Russian individuals and entities attempting to use Türkiye to dodge sanctions, imposed by the U.S. and 30 other countries.
S&P Global increases Ukraine's credit rating
Global ratings agency S&P Global on Friday raised Ukraine’s foreign currency sovereign credit ratings, stressing that the country has completed a distressed debt restructuring process.
"Grain Corridor": 27 ships leave Ukrainian ports, nearly 40 applications pending
Twenty days into the launch of the "grain corridor" initiative, 27 ships carrying agricultural products have departed Ukrainian seaports.
Two more vessels loaded with grain leave Chornomorsk Port
Two more vessels loaded with Ukrainian-produced grain have left Chornomorsk Port this morning.
19 August 2022
Electricity from Zaporizhzhia NPP belongs to Ukraine - Guterres
UN Secretary-General Antonio Guterres has stated that Russia has no right to disconnect the Zaporizhzhia NPP from Ukraine's power grid, as the energy produced by the plant belongs to Ukraine.
Guterres arrives in Odesa to see operation of ‘grain corridor’
UN Secretary-General Antonio Guterres has arrived in Odesa to visit the seaport from where caravans of ships with foodstuffs leave through the "grain corridor".
Calls to briefly run Nord Stream 2 alike drug addiction - Kuleba
Minister for Foreign Affairs Dmytro Kuleba has compared the idea of some German politicians to “briefly” launch the Nord Stream 2 gas pipe with drug addiction, adding that “addiction to Russian gas kills.”
Russians seek to disconnect ZNPP from Ukraine’s power system
Russian aggressors are preparing to put the Zaporizhia Nuclear Power Plant to a halt and disconnect it from the energy system of Ukraine.
Ukraine, UK to simplify mutual access to public procurement market
Ukraine and the United Kingdom have updated the Political, Free Trade and Strategic Partnership Agreement and approved the simplification of access to the public procurement market.
18 August 2022
10M tonnes of cereals and oilseeds transported out of Ukraine - von der Leyen
President of the European Commission Ursula von der Leyen said that the unblocking of export routes helped increase exports of agricultural products from Ukraine.
Forty-three vessels sailed through ‘grain corridors’ since Aug 1
A total of 43 vessels have sailed through the ‘grain corridors’ since August 1, 2022.
Another ship leaves Chornomorsk port bound for Africa
Another ship loaded with agricultural products left one of the ports of Odesa region today.
Ukraine receives concessional loan worth CAD 450M from Canada
Ukraine’s state budget has received a concessional loan worth CAD 450 million from Canada. The funds were transferred through the Administered Account of the International Monetary Fund (IMF).
Fitch upgrades Ukraine's Long-Term Foreign-Currency Issuer Default Rating to 'CC'
Fitch Ratings has upgraded Ukraine's Long-Term Foreign-Currency Issuer Default Rating to 'CC' from 'RD' (restricted default).
17 August 2022
Ukraine’s monthly budget deficit stands at $5B, president says
The monthly budget deficit of Ukraine amounts to US$5 billion.
Canada giving Ukraine CAD 450M to buy gas ahead of winter
Ukraine will receive from Canada CAD450 million in assistance to procure gas ahead of the heating season.
Chornomorsk port expects five more ships to be loaded with grain
The port of Chornomorsk expects five more dry cargo ships to arrive and be loaded with Ukrainian grain for export.
Economy ministry: 500 relocated businesses already resumed operation
A total of 710 businesses have been relocated in Ukraine since the relocation program was launched, and 500 of them have already resumed operation.
Eighth convoy of bulkers carrying Ukrainian agricultural products departs from Odesa ports
On August 17, four more ships loaded with agricultural products left the ports of Great Odesa.
Russian defense industry switching to 24/7 operations
Russian authorities are putting the country’s defense enterprises on a 24-hour work schedule.
16 August 2022
More than 563,000 tonnes of agricultural products already exported from Ukraine through ‘grain corridors’
Since the beginning of August, 563,317 tonnes of agricultural products have already been exported from Ukraine through the "grain corridors".
Ukraine exported 2.7M tonnes of grain in July 2022 – UCAB
In July 2022, prior to the launch of the sea corridor, Ukraine managed to export 2.7 million tonnes of grain crops.
Five more ships carrying Ukrainian grain depart from Odesa ports
A convoy of five bulk carriers, loaded with Ukrainian corn and wheat, left two Black Sea ports in Odesa region on August 16.
Bulk carrier with grain for Africa leaves Pivdennyi port
As part of the "grain initiative", the Brave Commander bulk carrier left the Ukrainian port of Pivdennyi on the morning of August 16, with 23,000 tonnes of wheat for Ethiopia.
15 August 2022
Six ships waiting for loading at Ukrainian ports, 10 more to arrive by end of Aug
Sixteen vessels have already left Ukrainian ports to deliver about 500,000 tonnes of agricultural products to nine countries. Six vessels entered the ports for loading purposes. By the end of August, at least 10 more vessels are expected to arrive.
Rada adopts law envisaging Ukraine's accession to convention on common transit with EU
The Verkhovna Rada has adopted government bill No. 7420 on amendments to the Customs Code of Ukraine that are needed for the country's accession to the New Computerized Transit System (NCTS) and the Convention on a Common Transit Procedure with the EU countries.