Population buys currency by USD 380.1 million more than sells in October

In October, the population bought currency by USD 380.1 million more than sold, which was a record volume this year.

This is stated in the reporting data of the NBU, Ukrainian News Agency reports.

In October, on the cash foreign exchange market, the net purchase of foreign currency by the population exceeded the sale.

In October, Ukrainians sold currencies for USD 1,368.7 million in equivalent, and bought for USD 1,748.8 million in equivalent.

From 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.

From October 3, 2023, the NBU introduced managed exchange rate flexibility.

As Ukrainian News Agency earlier reported, over 2022, the population bought currencies for USD 1,009.5 million more than it sold.

In 2021, the population sold currencies by USD 1,214.7 million more than bought.

In 2020, the volume of cash currency sale exceeded the purchase volume by USD 1.098 billion.

In 2019, the population sold by USD 177 million more currencies than bought.