NBU cuts net interbank currency sale 4% to USD 653 million on March 25-29

The National Bank of Ukraine (NBU) decreased the net sale of currency on the interbank foreign exchange market in the period from March 25 to 29 by 4.08% week over week to USD 652.7 million.

This follows from the NBU data, Ukrainian News Agency reports.

During the reporting week, NBU bought USD 1.95 million, while it sold USD 654.65 million.

The NBU did not buy or sell euros last week.

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Since the beginning of the year, the NBU has bought USD 73.78 million, while it sold USD 5,903.26 million.

As 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 euros 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 EUR 1,789.11 million.

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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 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.

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

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

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