• News
  • Politics
  • NBU's net interbank currency sales up 34.6% to USD 3.1 billion in May
442

NBU's net interbank currency sales up 34.6% to USD 3.1 billion in May

In May 2024, the net sale of currency by the National Bank of Ukraine (NBU) amounted to USD 3.072 billion, up 34.6% month over month (USD 2.283 billion).

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

So, in May, the NBU bought USD 0.011 billion at the interbank and sold USD 3.083 billion.

In April 2023, the net sale of currency by the NBU amounted to USD 2.283 billion.

ADVERTISING

In March 2023, the net sale of currency by the NBU amounted to USD 1.788 billion, which is 18.5% more than the volume of net sales in February (USD 1.509 billion).

In February, the NBU bought USD 0.032 billion at the interbank and sold USD 1.541 billion; in January, the NBU bought USD 0.016 billion at the interbank and sold USD 2.549 billion.

In December 2023, the net sale of currency by the NBU amounted to USD 3.553 billion, which is 45% more than the November net sale (USD 2.5 billion) and is a record figure in 2023.

As the Ukrainian News agency earlier reported, the NBU of Ukraine adjusted the official exchange rate of the hryvnia by 25% to UAH 36.5686/USD on July 21.

ADVERTISING

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 not 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.

 

ADVERTISING

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

To request a correction, please send an email.