The Parliament has made the first attempt to stabilize the foreign exchange market

4 March 2015 13:54  1993508 094490
The Parliament has made the first attempt to stabilize the foreign exchange market

The Parliament approved the draft law on currency regulation and currency control.

238 deputies voted for the relevant bill №2265.

According to the explanatory memorandum, the bill is necessary to prevent serious social consequences caused by the devaluation of the national currency of Ukraine.

"Given the prevailing situation, the issue of reduction ot allowed periods for crediting residents' proceeds in foreign currency on their foreign currency accounts in authorized banks and delay of deliveries in carrying out import transactions from 180 to 90 days is highly topical" - the document states.

In addition, the bill proposes to establish the requirement for an individual license of the National Bank in case non-compliance with such period, thus eliminating the need for obtaining the opinion of the central executive body implementing the state policy in the field of economic development.

As you know, on March 3, MPs failed to vote for this bill.

Ekonomichna Pravda

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