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The international rating agency Standard & Poor’s affirmed the ratings of Ukraine.
The international rating agency S&P confirmed the long- and short-term ratings of Ukraine in national and foreign currency at the level of “B-/B”, according to S&P. Prediction of long-term ratings – “stable”. At the same time S&P affirmed the long-term Ukraine national scale rating at “uaBBB-” level. “Ukraine’s ratings affirmation…
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Inflation in May has slowed down due to the strengthening of the hryvnia.
In May, inflation slowed to 0.1% mom and 7.5% yoy, due to the strengthening of the hryvnia and weak consumer demand. This was announced by the National Bank of Ukraine. The dynamics of prices in May, according to the NBU, also led to a general trend towards weakening inflationary pressures,…
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Ukraine has increased exports of grain and flour in April by almost 70%.
Ukrainian producers of grain and flour sold 3.6 million tons of raw materials total in April. In April, the export of grain and flour increased by 67.6% compared to March 2016. In April 2016 Ukraine increased its deliveries to foreign markets of grain, legumes and flour in comparison with the…
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The largest Ukrainian sunflower oil producer plans to build a grain terminal cost $ 100 million in Odessa region.
Agricultural holding “Kernel” is going to build a grain terminal in the Odessa region in the city of Chernomorsk (formerly Ilyichevsk). The amount of investment -$100 million capacity – 4 million tons per year. “Kernel” – one of the largest Ukrainian agricultural groups, expects the fall in 2016 to begin…
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USA will provide loans to Ukrainian business in the amount of 72 million dollars.
US State Corporation OPIC announced that it will invest in the Ukrainian business. The corporation specializes in private investment in a foreign business. Total to date in OPIC plans to allocate money for two large investment programs. The first such program with the participation of fund Emerging Europe Growth Fund…
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The World Bank will give Ukraine $500 million for the purchase of gas.
The World Bank approved the decision of the Cabinet of Ministry of Ukraine on the introduction of a single market in gas prices. The World Bank intends to provide Ukraine $500 million for the purchase of gas. This was stated by the Vice-President of the World Bank’s Europe and Central…
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In Ukraine are Stripe and Payoneer instead PayPal.
The largest international payment system PayPal too long comes to Ukraine. This service may be active ahead of Western finteh startups. The possibility of entering the Ukrainian market is considering a US company Stripe, said during a conference in Kiev E-Export Director of the Creative Quarter and ideologist PayPal arrival…
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IMF commented on the results of Ukrainian reforms.
Exchange rate policy and monetary policy are the basis for stability in Ukraine, and brought the country to the state of destabilization. It said the Deputy Head of the IMF David Lipton in an interview. In his opinion, the country established the basis for recovery. Creating a strong banking system…
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Ukraine’s economy returned to positive dynamics.
Analysts of the World Bank noted that returned to the positive dynamics in the first quarter was recorded GDP growth of 0.1% in 2016 Ukraine’s economy. Thus, according to analysts, the country has passed the peak of the recession. The Ukrainian economy has passed the peak of the recession, and…
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During of the year foreign exchange reserves of Ukraine increased by 36.5%.
International reserves of Ukraine on June 1, 2016 amounted to $ 13.536 billion, which covers 3.4 months of imports According to preliminary data of the National Bank of Ukraine, international reserves of Ukraine on June 1, 2016 amounted to $ 13.536 billion in the US equivalent. After reducing the volume…
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