ukraine
The National Bank of Ukraine (NBU) announced on May 3 that it was implementing the largest set of currency liberalization measures since the beginning of the full-scale war. The measures are aimed at decreasing restrictions on businesses and currency controls. Ukraine implemented strict controls over its currency and tightly regulated foreign exchanges in 2022, hoping to stave off a collapse of the hryvnia. "This move, together with other measures by the NBU, should allow Ukrainian businesses to 'breathe to their full potential' and help attract private capital to recover the economy," said NB...
Kyiv Independent
The National Bank of Ukraine (NBU) announced on May 3 that it was implementing the largest set of currency liberalization measures since the beginning of the full-scale war. The measures are aimed at decreasing restrictions on businesses and currency controls. Ukraine implemented strict controls over its currency and tightly regulated foreign exchanges in 2022, hoping to stave off a collapse of the hryvnia. "This move, together with other measures by the NBU, should allow Ukrainian businesses to 'breathe to their full potential' and help attract private capital to recover the economy," said NB...
Kyiv Independent (CA)
The National Bank of Ukraine (NBU) announced on May 3 that it was implementing the largest set of currency liberalization measures since the beginning of the full-scale war. The measures are aimed at decreasing restrictions on businesses and currency controls. Ukraine implemented strict controls over its currency and tightly regulated foreign exchanges in 2022, hoping to stave off a collapse of the hryvnia. "This move, together with other measures by the NBU, should allow Ukrainian businesses to 'breathe to their full potential' and help attract private capital to recover the economy," said NB...
Kyiv Independent (UK)
Ukraine is open to considering an all-for-all prisoner of war (POW) exchange, and will discuss the idea at the upcoming Peace Summit in Switzerland in June, President Volodymyr Zelensky said on May 3. "It's desired that we swap all-for-all. All reasonable countries support this route," Zelensky told recruits while speaking at the National Academy of the State Border Guard Service of Ukraine. "We are conducting exchanges, but they are slower than we would like." The last reported prisoner exchange occurred on Feb. 8 with 100 Ukrainian prisoners of war (POWs) returned from Russian captivity. Bef...
Kyiv Independent (CA)
Ukraine is open to considering an all-for-all prisoner of war (POW) exchange, and will discuss the idea at the upcoming Peace Summit in Switzerland in June, President Volodymyr Zelensky said on May 3. "It's desired that we swap all-for-all. All reasonable countries support this route," Zelensky told recruits while speaking at the National Academy of the State Border Guard Service of Ukraine. "We are conducting exchanges, but they are slower than we would like." The last reported prisoner exchange occurred on Feb. 8 with 100 Ukrainian prisoners of war (POWs) returned from Russian captivity. Bef...
Kyiv Independent
Ukraine is open to considering an all-for-all prisoner of war (POW) exchange, and will discuss the idea at the upcoming Peace Summit in Switzerland in June, President Volodymyr Zelensky said on May 3. "It's desired that we swap all-for-all. All reasonable countries support this route," Zelensky told recruits while speaking at the National Academy of the State Border Guard Service of Ukraine. "We are conducting exchanges, but they are slower than we would like." The last reported prisoner exchange occurred on Feb. 8 with 100 Ukrainian prisoners of war (POWs) returned from Russian captivity. Bef...
Kyiv Independent (UK)
Editor's Note: This is a developing story and is being updated. Russia launched drone attacks on Kharkiv in the early hours of May 4, damaging civilian infrastructure, and injuring at least four people including a child, Kharkiv regional Governor Oleh Syniehubov reported on Telegram. According to Syniehubov, Russian forces launched two drone strikes hitting infrastructure in the Osnoviansky district of the city. Two women aged 52 and 89, as well as a 13-year-old girl have been injured as a result of the attack. Another women is being treated for shock. The 52-year-old woman and 13-year old wer...
Kyiv Independent (CA)
Editor's Note: This is a developing story and is being updated. Russia launched drone attacks on Kharkiv in the early hours of May 4, damaging civilian infrastructure, and injuring at least four people including a child, Kharkiv regional Governor Oleh Syniehubov reported on Telegram. According to Syniehubov, Russian forces launched two drone strikes hitting infrastructure in the Osnoviansky district of the city. Two women aged 52 and 89, as well as a 13-year-old girl have been injured as a result of the attack. Another women is being treated for shock. The 52-year-old woman and 13-year old wer...
Kyiv Independent
Editor's Note: This is a developing story and is being updated. Russia launched drone attacks on Kharkiv in the early hours of May 4, damaging civilian infrastructure, and injuring at least four people including a child, Kharkiv regional Governor Oleh Syniehubov reported on Telegram. According to Syniehubov, Russian forces launched two drone strikes hitting infrastructure in the Osnoviansky district of the city. Two women aged 52 and 89, as well as a 13-year-old girl have been injured as a result of the attack. Another women is being treated for shock. The 52-year-old woman and 13-year old wer...
Kyiv Independent (UK)
The United States is leading talks among the Group of Seven (G7) nations to develop a military aid package to Ukraine worth up to $50 billion, Bloomberg reported on May 3. The potential package would reportedly be funded by the profits generated by accrued interest on frozen Russian assets. Western countries and Kyiv's other partners have immobilized around $300 billion of Russian assets in response to the full-scale invasion of Ukraine, with around $5 billion held in the U.S. The frozen Russian assets, which are predominantly held within the European Union, will generate approximately 5 billi...
Kyiv Independent (CA)
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