• News
  • Politics
  • NBU reduces net currency sale on interbank by 8% to USD 675 million on October 23-27
309

NBU reduces net currency sale on interbank by 8% to USD 675 million on October 23-27

The National Bank of Ukraine (NBU) reduced the net sale of currency on the interbank foreign exchange market in the period from October 23 to 27 by 8% compared to the previous week to USD 675.15 million.

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

During the reporting week, the NBU bought USD 1.55 million, while it sold USD 676.70 million.

The NBU did not buy or sell euros last week.

ADVERTISING

Since the beginning of the year, the NBU bought USD 209.97 million and sold USD 22,613.65 million at the interbank.

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

As Ukrainian News reported, in 2022, the NBU bought USD 3,267.95 million and USD 110.97 million at the interbank and sold USD 26,380.59 million and USD 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.

ADVERTISING

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 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.

ADVERTISING

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

 

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.