NBU reduces net currency sales on interbank by 11.5% to USD 789 million on January 1-5

The National Bank of Ukraine (NBU) reduced the net sale of currency on the interbank foreign exchange market in the period from January 1 to 5 by 11.5% week over week to USD 789.3 million.

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

During the reporting week, the NBU bought USD 0.2 million, while it sold USD 789.5 million.

The NBU did not buy or sell euros last week.

Since the beginning of the year, the NBU has bought USD 0.2 million while selling USD 789.5 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 EUR 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 1,789.11 million EUR.

In 2021, the NBU 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 currency market.

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

The NBU has been implementing managed exchange rate flexibility since October 3.