Association of Ukrainian Banks

 Vitaliy Romanchukevich on air on Inter's Yedyny Novyny: food inflation, changes in money transfer ...

First Vice President of the Association of Ukrainian Banks Vitaliy Romanchukevich commented on the situation with food inflation in Ukraine, changes in the NBU's rules for transferring funds, as well as fluctuations in the dollar and euro exchange rates on the air of Yedyny Novyny INTER.

What is the cause of food inflation?

Vitaliy Romanchukevich noted that food inflation has reached 23.2% since the beginning of 2025. This was caused by a significant increase in the price of raw food products in recent months against the backdrop of a reduction in their supply due to spring frosts, as well as vegetable storage facilities lost as a result of enemy attacks. In the future, an increase in supply on the domestic market and a partial replacement of imported products will help stabilize prices.

What changes has the NBU introduced to the rules for transferring funds without opening an account?

According to the first vice president of the AUB, starting in 2026, in order to make transfers to citizens without opening an account, it will be necessary to identify oneself and provide one's TIN (tax identification number). The expert emphasized that the changes will be made to prevent violations of financial monitoring in terms of money laundering, combat “droppers,” and bring the system closer to European standards.

What is happening with the dollar and euro exchange rates now?

Vitaliy Viktorovich emphasized that the changes did not occur as a result of the NBU's actions, but because of the dollar-euro cross rate, as a result of the devaluation of the dollar against the euro in the world. The expert believes that savings in dollars remain safe, but it is worth avoiding actions under the influence of panic and not acting impulsively.

 Results of the activities of the Association of Ukrainian Banks for May 2025