Dollar is out of favor: NBU increased currency sales to record high

The National Bank of Ukraine (NBU) did not buy any currency on the interbank market during the week from March 16 to 20 and sold USD 1,344.35 million. This is a record amount since the beginning of 2026 that the regulator spent on supporting the hryvnia in a week.

This is evidenced by data published on the official website of the domestic financial regulator.

Compared to the previous week, the volume of net sales increased by USD 307.03 million. This indicates increased demand for foreign currency on the market, which forced the NBU to increase its presence to smooth out exchange rate fluctuations.

Since the beginning of the year, the NBU on the interbank market:

- did not buy currency;

- sold USD 9,680.18 million.

The continued absence of the National Bank among currency buyers for 11 weeks highlights the structural currency deficit in the market, which is currently fully covered by international reserves.