The National Bank of Ukraine has reduced the official hryvnia exchange rate against the US dollar by 25%, the regulator announced in a statement on its website on Thursday. “This step will improve competitiveness of Ukrainian producers, converge exchange rate conditions for different groups of businesses and households, and support the resilience of the economy…

European natural gas prices fell by 6.5% in early trading on Thursday following the restart of gas deliveries via Russia’s Nord Stream 1 pipeline, after scheduled maintenance. The price of August futures for natural gas at the TTF hub in the Netherlands dropped to $1,556 per 1,000 cubic meters at round 06:01 GMT, or €145…

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