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Population buys USD 885.2 million more than they sell in January

In January, the population bought currencies by USD 885.2 million more than they sold, which was a record for several previous years.

This follows from a statement by the National Bank, Ukrainian News Agency reports.

On the cash foreign exchange market in January, the net purchase of currency by the population exceeded the sale.

In January, Ukrainians sold currencies worth USD 1,005.8 million equivalent and bought USD 1,890.9 million equivalent.

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In 2023, the population bought USD 3,362.1 million more than it sold.

On July 21, the NBU adjusted the official hryvnia exchange rate by 25% to 36.5686 UAH/USD.

From August 6, 2022, the National Bank 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 National Bank 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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As the Ukrainian News agency earlier reported, according to the results of 2022, the population bought currencies for 1,009.5 million dollars more than they sold.

In 2021, the population sold currencies by USD 1,214.7 million more than they bought.

In 2020, sales of cash currency exceeded purchases by USD 1.098 billion.

In 2019, the population sold currencies by USD 177 million more than they bought.

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