Ukraine · Country watch

Martial Law Extended, Dollar Hits Record High

Ukraine extends martial law until January, while the dollar reaches a record 45.53 hryvnias, impacting financial stability.

Florent Kalfon · 26 October 2026 · 6 articles read

The picture Deteriorating How this is judged →

The extension of martial law and a record high dollar rate signal worsening conditions for business in Ukraine. Financial stability is under pressure, affecting planning and operations.

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In this briefing Russian forces · Ukrainian regions · US dollar · Ukrainian hryvnia · Volodymyr Zelenskyy · Verkhovna Rada

Disruption

Logistics
Public sector

Air Raid Alerts Issued Amid Russian Drone Attacks

a large rusted out tank sitting on the side of a road — Sonia Dauer / Unsplash

Russian forces launched attacks using drones across several Ukrainian regions, prompting air raid alerts, Censor.net reports. The ongoing assaults disrupt daily life and business operations, with logistics and supply chains particularly affected. The alerts and potential damage to infrastructure increase operational challenges for companies, especially those reliant on timely deliveries and stable conditions.

Impact Logistics and supply chains face disruptions as air raid alerts and drone attacks continue.

Sources: Censor.net ↗

Markets

Finance

Dollar Reaches Record 45.53 Hryvnias in Ukraine

The exchange rate of the US dollar in Ukraine reached a new historical high of 45.53 hryvnias on October 27, according to Komsomolskaya pravda. This record level reflects ongoing economic pressures and currency instability, exacerbating challenges for importers and businesses reliant on foreign transactions. The rising dollar rate affects pricing, costs, and financial planning for companies operating in Ukraine.

Impact Importers and businesses with foreign transactions face increased costs as the dollar hits a record high.

Sources: Komsomolskaya pravda ↗

Politics

Public sector
Defence

Zelenskyy Extends Martial Law Until January 2027

Ukrainian President Volodymyr Zelenskyy signed a decree extending martial law and general mobilization until January 29, 2027, according to KyivPost. The Verkhovna Rada approved the extension on the same day. Martial law has been in place since Russia's full-scale invasion in February 2022, with renewals every three months. The extension allows for continued conscription and heightened security measures, impacting business operations and workforce availability.

Impact Employers face continued workforce disruptions and heightened security measures as martial law extends into 2027.

Sources: KyivPost ↗, Newvoice ↗

Nothing significant reported today in Regulation · Internal tension · Safety & health · Companies · Trade.