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The Ukrainian government has requested the National Bank of Ukraine (NBU) to permit the sale of foreign currency to large companies to repay Eurobonds. This move is aimed at addressing the country's foreign debt obligations. By allowing large companies to access foreign currency for this specific purpose, the government hopes to ease the burden on these companies and ensure timely repayment of Eurobonds.
This request comes at a time when Ukraine is facing economic challenges, including a significant foreign debt burden. Allowing large companies to access foreign currency for Eurobond repayment could help stabilise the country's financial situation and improve investor confidence.
However, it's important to note that this request is subject to approval by the NBU. The NBU will likely consider various factors, including the country's overall economic situation and the impact of such a decision on the foreign exchange market.
Overall, this request reflects the government's efforts to manage its foreign debt obligations effectively and ensure the stability of the country's economy.
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