The free-market case for easing Ukraine's capital controls carefully (opens original article in a new tab)

Ukraine's National Bank is cautiously easing capital controls, focusing on stabilizing the economy and managing foreign investment flows to ensure long-term growth and stability.

• Capital controls in Ukraine were initially implemented for stability after Russia's invasion.
• The National Bank of Ukraine (NBU) has stabilized inflation and the hryvnia, allowing for careful easing of controls.
• The NBU suggests sequencing foreign equity inflows before debt to reduce future debt burdens.