The National Bank of Ukraine is the central bank of Ukraine, headquartered in Kyiv. It was created as Ukraine moved towards independence from the Soviet Union, taking over functions that had been controlled from Moscow. In its early years it presided over a period of severe inflation, partly because the country used a temporary currency, the karbovanets. In 1996 it introduced the hryvnia, which stabilised the monetary system. The bank is responsible for monetary policy, the stability of the financial system and the supervision of banks. It has faced exceptional challenges since 2014 and especially since Russia's full-scale invasion in 2022, when it worked to keep the banking system and payments operating under martial law.
Before and after
- 30 November 1990Birth of Magnus Carlsen
- 1 December 1990Founding of Shenzhen Stock Exchange
- 3 December 1990Wayne County Airport runway collision
- 1991Founding of United Nations Office for the Coordination of Humanitarian Affairs
- 1991Founding of National Bank of Ukraine
- 1991Identification of Paris syndrome
- 1991Creation of Solaris
- 1991(Everything I Do) I Do It for You
- 1991Founding of Université de Versailles Saint-Quentin-en-Yvelines
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The era
This moment belongs to the Contemporary world (1945 CE to today), the world since 1945. You can also browse everything in the 20th century.