We are talking about arbitration transactions involving the purchase / sale of foreign currency for foreign currency, that is, without using the hryvnia. As the press-service of the regulator informs, in accordance with the NBU Resolution No. 143 dated December 26, 2017, the banks now:.

- will be able to conduct arbitrage operations not only with foreign banks, as before, but also with foreign non-bank financial institutions that have the right to trade in foreign currency and are accountable to the relevant supervisory authorities;.

- will be able to carry out such operations on behalf of legal entities and individuals-entrepreneurs, whereas previously it was possible to implement them only on behalf of clients-individuals;.

- will be able to conclude contracts for conducting arbitrage operations with other authorized banks that have already established relations with foreign counterparties;.

- will be able to conduct arbitrage operations with a new instrument - banking metals. Also, the requirement to register banks' rules with the National Bank on conducting arbitration transactions and the corresponding procedure under which such registration was carried out.

At the same time, measures aimed at simplifying the terms of foreign currency trading will, among other things, allow international financial organizations to buy or sell currency in any Ukrainian bank at the option, and not only in the institution where the account of the relevant organization is opened.

The Resolution comes into force on January 2, 2018.

Recall, as reported URA-Inform, the National Bank of Ukraine retained the requirement for mandatory sale of income to Ukraine in foreign currency in favor of legal entities at 50%, to which it was reduced in April this year.