Poroshenko has signed the law on currency

Порошенко подписал закон о валюте

The President of Ukraine Petro Poroshenko has signed the law of Ukraine “About currency” today, July 4, during a meeting with representatives of business, transfers “112 Ukraine”.

“This is the fruit of our common efforts, the proof of the effectiveness of our joint coordinated work, how could anyone not opposed in Parliament and outside, as if someone tried to blackmail, to push something that would hinder the effective functioning of the law on currency and foreign exchange operations. We did it,” said the President.

The new law called “bezveza for capital.” It provides in Ukraine a base for the free movement of capital and foreign exchange liberalization, moving the country closer to European standards.

In particular, the law provides for the complete abolition of all exchange restrictions and replaces permits the regulator to conduct operations on simple notification of the NBU in the fact of the transaction.

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