(Bloomberg) The Swiss National Bank has no target for the franc exchange rate, Vice President Martin Schlegel said less than a week after policymakers wrong-footed markets by cutting interest rates to stem the currency’s gains.Most Read from BloombergBiden Gains Ground Against Trump in Six Key States, Poll ShowsJapan Amps Up Intervention Threat as Yen Hits Lowest Since 1990Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest PeopleUsing Your Premium Credit Card May Cost
A new commemorative “Love” coin, with a denomination of 5 UAH, has been put into circulation to commemorate Valentine’s Day, the press service of the NBU reported.
The National Bank of Ukraine (NBU) has decided to maintain the key interest rate at 15%, with an expectation of a gradual reduction starting in the second half of 2024, the NBU press service said on Jan. 25.
During 2022-2023, the National Bank of Ukraine paid UAH 19.5 million (about US$520,000) for equipment and parts from the German company Oerlikon Balzers Coating, whose largest shareholder is sanctioned Russian oligarch Viktor Vekselberg.
The National Bank of Ukraine (NBU) has pinpointed a capitalization requirement of 10 billion UAH ($262.2 million) for Ukreximbank, Pravex Bank, and MTB Bank, the NBU said in a Ukrainian Banks Stability Assessment released on Jan. 9.