NBU cuts net interbank currency sales by 5% to USD 721 million on September 30 – October 4

The NBU decreased the net sale of foreign currency on the interbank foreign exchange market in the period from September 30 to October 4 by 4.6% compared to the previous week to USD 721.15 million.

This follows from the NBU data, the Ukrainian News agency reports.

During the reporting week, the NBU did not buy currency, while it sold USD 721.15 million.

The NBU did not buy or sell euros last week.

Since the beginning of the year, the NBU bought USD 119.22 million, while it sold USD 24,116.08 million.

As the Ukrainian News agency earlier reported, in 2023, the NBU bought USD 219.85 million and sold USD 28,829.73 million at the interbank.

The NBU did not buy or sell euros in 2023.

In 2022, the NBU bought USD 3,267.95 million and EUR 110.97 million at the interbank and sold USD 26,380.59 million and EUR 1,789.11 million.

In 2021, the NBU bought USD 3,690.7 million and sold USD 1,275.7 million on the interbank foreign exchange market.

The NBU introduced managed exchange rate flexibility on October 3, 2023.

The NBU abolished all currency restrictions on the import of works and services and allowed the repatriation of "new" dividends.

The IMF requires Ukraine to devalue the hryvnia.