News on January 5: reserves increased, Friedman appeals to Ukraine over the nationalization of “Sens Bank”

News on January 5: reserves increased, Friedman appeals to Ukraine over the nationalization of “Sens Bank”

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About reserves. As of January 1, international reserves of Ukraine amounted to 40.5 billion US dollars, they increased by 4.4% in December.

About “Sens Bank and Friedman”. Russian billionaire Mikhail Fridman’s company ABH Holdings SA, which was the nominal owner of Sens Bank, filed a lawsuit against Ukraine and demands compensation for the forced nationalization of the financial institution in the amount of 1 billion dollars.

The National Bank of Ukraine is confident in the legality of the decision to withdraw the systemically important bank JSC “Sens Bank” from the market.

About “Kyivguma”. “Kyivguma” LLC, which was searched by the SBU the day before and is suspected of supplying tactical medicine goods to the aggressor country, assures that it has ceased cooperation with the Russian Federation since February 2022.

On January 5, the Shevchenkiv District Court of Kyiv elected preventive measure against one of the founders of Kyivguma company in the form of detention for 60 days without bail in the case of suspicion of cooperation with the Russian Federation.

About roads. Due to the inclement weather, traffic restrictions may be in place on a number of major highways to clear snow. Drivers are advised not to leave in their own vehicle unless there is a critical need.

About the exchange rate. The weakening of the hryvnia at the end of 2023 was caused primarily by seasonal factors.

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