Economy

The NBU increased its foreign exchange sales on the interbank market last week: key figures

The National Bank of Ukraine increased the volume of foreign exchange interventions in the interbank market for the first time in five weeks—by $76.1 million, or 9.9%, to $842.0 million last week, according to the regulator’s statistics.

According to the National Bank, during the first four days of last week, the average daily negative balance of currency purchases and sales by legal entities increased to $122.4 million from $100.3 million during the same period a week earlier, totaling $489.6 million, reports "Komersant Ukrainian".

At the same time, in the retail foreign exchange market from Saturday to Thursday, the negative balance decreased significantly to $17.8 million from $32.7 million the week before last, with non-cash currency sales exceeding purchases on all days.

The official hryvnia-to-dollar exchange rate, which started last week at 43.4587 UAH/$1, ended the week weaker at 43.6368 UAH/$1.

In the cash market, the hryvnia exchange rate fell by 13–14 kopecks over the week: buying was approximately 43.38 UAH/$1, and selling was 43.76 UAH/$1.

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