National Bank of Ukraine expands period for export-import settlements to 120 days

MOSCOW. June 7 (Interfax) - The National Bank of Ukraine has expanded the period for export-import settlements from 90 to 120 calendar days, Ukrainian media outlets said on Tuesday with the reference to the regulator press service.

The amendments are endorsed by National Bank Board Resolution No. 113 of June 7, which was published on the National Bank website and takes effect on June 8.

The new regulations will apply to export-import settlements carried out by residents since April 5, 2022, the statement said.

The period will remain at 365 days for settlements conducted before April 5, it said.