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  • NBU Cuts Net Currency Sale On Interbank 29% To USD 380 Million On May 15-19
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NBU Cuts Net Currency Sale On Interbank 29% To USD 380 Million On May 15-19

The National Bank of Ukraine decreased the net sale of foreign currency on the interbank foreign exchange market by 29% in the period from May 15 to 19 week over week to USD 380.37 million.

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

During the reporting week, the NBU bought USD 11.59 million, while it sold USD 391.96 million.

The NBU did not buy or sell euros last week.

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Since the beginning of the year, the NBU bought USD 108.91 million and sold USD 9,836.33 million at the interbank.

The NBU has not bought or sold euros since the beginning of the year.

As Ukrainian News Agency earlier reported, 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.

In 2021, the NBU bought USD 3,690.7 million and sold USD 1,275.7 million on the interbank foreign exchange market.

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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.

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

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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.

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