NBU

The news from the NBU is extremely important for the situation in Ukraine in recent years. It is worth starting with the fact that the NBU is the national bank of the country. This is the central bank of the country, which performs the functions of a regulator of the financial system and is responsible for the stability of the national currency. 

Founded in 1991, the NBU plays a key role in Ukraine's economic policy, shaping monetary policy and ensuring the reliable functioning of the banking system. Due to such great importance, news from the NBU also has special significance. 

Latest events about the NBU

The National Bank of Ukraine performs a number of important tasks that affect the country's economic and financial stability. Here is what we are talking about: 

1. The main goal of the NBU is to maintain the stability of the hryvnia. For this purpose, mechanisms for controlling inflation, the exchange rate, and the money supply are developed and implemented.

2. The NBU issues licenses to banks, monitors their reliability and compliance with the legislation. This helps prevent financial crises and protect the interests of depositors.

3. The bank accumulates and manages international reserves, which play an important role in ensuring the stability of the national currency.

The NBU is also responsible for creating and supporting modern financial technologies,

News about the NBU in recent years

In recent years, the National Bank of Ukraine has actively worked on addressing a whole range of issues. These events were reflected in the news feed for Ukrainians. 

Here are the significant events of recent years:

1. After the start of the full-scale war in 2022, the NBU took emergency measures to prevent economic collapse. Restrictions on currency operations were introduced, the hryvnia exchange rate was stabilized, and gold and foreign exchange reserves were increased.

2. Ukraine is actively moving toward EU standards, and the NBU plays a key role in this. Reforms are being developed to adapt the banking system to European requirements.

3. In 2023, the NBU began testing a digital currency - the electronic hryvnia. This innovation aims to simplify payments and support innovative financial technologies.

4. The inflation situation remained challenging due to the war, but the NBU managed to slow down the rate of price growth using monetary instruments such as raising the discount rate.

In recent years, dozens of banks that did not meet requirements have been liquidated.

To sum up, the National Bank of Ukraine is the heart of the country's financial system, on which the well-being of the economy and every Ukrainian depends.