Currency

NBU cuts net interbank currency sales by 9% to USD 551 million on August 18-22


NBU cuts net interbank currency sales by 9% to USD 551 million on August 18-22The NBU decreased the net sale of foreign currency on the interbank foreign exchange market in the period from August 18 to August 22 by 9% compared to the previous week to USD 551.15 million.

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

During the reporting week, the NBU did not buy currency, while it sold USD 551.15 million.

Since the beginning of the year, the NBU has bought USD 37.82 million, while it has sold USD 22,776.33 million.

As the Ukrainian News agency earlier reported, in 2024, the NBU bought USD 126.28 million and sold USD 35,312.64 million at the interbank.

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.

The National Bank introduced managed exchange rate flexibility from October 3, 2023.

The NBU abolished all currency restrictions for the import of works and services and allowed the repatriation of “new” dividends.

The National Bank of Ukraine (NBU) has introduced new approaches to determining the list of currencies to which the official hryvnia exchange rate is set daily, and has also canceled the list of currencies for monthly setting of the official exchange rate.

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