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  • NBU cuts net interbank currency sales by 2% to USD 695 million on October 28 – November 1
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NBU cuts net interbank currency sales by 2% to USD 695 million on October 28 – November 1

The NBU decreased the net sale of foreign currency on the interbank foreign exchange market in the period from October 28 to November 1 by 1.74% compared to the previous week to USD 695.6 million.

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

During the reporting week, the NBU bought USD 0.5 million, while it sold USD 696.1 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 121.22 million, while it has sold USD 27,072.64 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 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.

The NBU introduced managed exchange rate flexibility on October 3, 2023.

The NBU abolished all currency restrictions on the import of works and services and allowed the repatriation of "new" dividends.

The IMF requires Ukraine to devalue the hryvnia.

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