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The Ministry of economic development and the NBU commented on the introduction of Military Status in Ukraine

The Ministry of Economic Development and Trade has informed that the President Decrees "Concerning Extraordinary Measures to Ensure State Sovereignty and Independence of Ukraine and the Introduction of the Military Status in Ukraine" and "On the Introduction of the Military Status in Ukraine" do not currently impose restrictions on economic activity throughout Ukraine.

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Business entities and citizens can conduct economic operations in the normal mode.

The department also promised that they would promptly report any changes in the mode of economic and foreign economic activity.

In addition, the National Bank assured that today there are no grounds for introducing administrative measures in the monetary and foreign exchange markets. The willingness to continue to ensure uninterrupted payment, collection and replenishment of ATM and terminal networks was confirmed at the meeting by Ukrainian banks.

According to the chairman of the National Bank of Ukraine Yakov Smoliy, the liquidity of the banking sector is about 75 billion USD, which is sufficient for its proper and uninterrupted functioning. If necessary, banks can still use standard liquidity support tools and the ELA's Emergency Liquidity Support Tool. The NBU also promised not to allow sharp "jumps" of the course under the pressure of psychological factors.

Recall that on November 26, the Verkhovna Rada, at an extraordinary session, introduced a military state in 10 oblasts of Ukraine, which was put into effect today, on November 28, and for a period of 30 days.

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