NBU Ups Net Foreign Currency Sales On Interbank 2.3 Times To USD 560 Million On April 17-21

The National Bank of Ukraine increased the net sale of foreign currency on the interbank foreign exchange market in the period of April 17-21, 2.3 times to USD 560.07 million.

This follows from a statement by NBU data, Ukrainian News Agency reports.

During the reporting week, the NBU did not buy the currency; it sold USD 560.07 million.

The NBU did not buy or sell euros last week.

Since the beginning of the year, the NBU has bought USD 62.3 million and sold USD 8,172.73 million on the interbank.

The NBU has not bought or sold euros since the beginning of the year.

As Ukrainian News Agency earlier reported, 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 National Bank bought USD 3,690.7 million and sold USD 1,275.7 million on the interbank foreign exchange market.

In 2020, the NBU bought USD 4,929 million and sold USD 3,891 million on the interbank foreign exchange market.

On July 21, the NBU adjusted the official hryvnia exchange rate by 25% to 36.5686 UAH/USD.

From August 6, 2022, the NBU canceled the restriction, according to which banks and non-banking institutions had to buy cash currency from the population at a rate no lower than the official one.

The NBU allowed banks to sell more currency to the public.

Thus, from September 6, the amount of cash currency that the bank can offer to the population will include the entire amount of non-cash currency purchased by it from April 13, 2022, instead of half of it.