NBU's net interbank currency sales down 20% to USD 2.7 billion in November
In November 2024, the net sale of currency by the National Bank of Ukraine (NBU) amounted to USD 2.732 billion, which is 20.3% less than the October net sale (USD 3.428 billion).
This is evidenced by NBU data, the Ukrainian News agency reports.
So, in November, the NBU bought USD 0.004 billion, while sold USD 2.736 billion.
In October, the NBU bought USD 0.002 billion, while sold USD 3.430 billion; in September, the NBU bought USD 0.001 billion, while sold USD 3.214 billion.
In August, the NBU almost did no buy currency, while it sold USD 2.680 billion.
In July, the NBU bought USD 0.002 billion at the interbank and sold USD 3.318 billion.
As the Ukrainian News agency earlier reported, the NBU introduced managed exchange rate flexibility from October 3, 2023.
The NBU canceled all currency restrictions for the import of works and services and allowed the repatriation of "new" dividends.
The International Monetary Fund (IMF) requires Ukraine to devalue the hryvnia and lower interest rates.