Kiev cracks down on Ukrainians spending money abroad
Real Estate
Limits have been set on purchases of gemstones and metals as well as overseas real estate operations Ukraine’s central bank has tightened its rules on citizens purchasing precious metals and certain luxury goods, and managing real estate assets abroad. The move announced on Monday is aimed at reducing capital flight, the financial regulator said. Starting from September 10, Ukrainians will be able to spend no more than 100,000 hryvnas ($2,430) per month on buying luxury watches, jewelry, silver
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