Where and in what currency do Ukrainians keep their savings: data from the NBU
The National Bank of Ukraine (NBU) has published updated data on citizens’ deposits in banks that are members of the Individual Deposit Guarantee Fund (FGVFO). As of June 2024, the total amount of deposits of Ukrainians in banks reached 1 trillion 295 billion hryvnias. Of them, more than a third (35.1%) are kept in currency […]
The 313th day of the war in Israel: Timeline of events
Photo: glavnoe.in.ua Wednesday, August 14, 2024, marks the 313th day of the “Iron Swords” war, which Israel has been waging against terrorist organizations in Gaza, Judea and Samaria, and Lebanon since October 7, 2023. The IDF continues its ground operation in Gaza, destroying Hamas infrastructure and eliminating militants. The Israeli army is striking Hezbollah targets […]
Fitch lowered Ukraine’s rating to the level of limited default
Rating agency Fitch Ratings Rating agency Fitch Ratings downgraded Ukraine’s credit rating to the level of limited default (RD) after the country announced the restructuring of its Eurobonds, writing off a large part of the debt. This decision was taken on August 13 and was the result of the non-payment of coupon income on Eurobonds […]
The armed forces restored positions on the Seversky Ddrection and made advances in the Zaporizhzhia region
Ukrainian military, Photo: Hennadiy Savilom The Armed Forces of Ukraine continue successful operations on various front lines, restoring control over strategically important territories. According to the Institute for the Study of War (ISW), the Ukrainian military has made significant progress both in the Siversk direction and in the western part of the Zaporizhzhia region. Northern […]
