National Bank has reduced the sale of foreign currency three times



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National Bank has reduced the sale of foreign currency three times

During the previous week, the National Bank sold 160.5 million dollars to support the hryvnia exchange rate.

Since the beginning of 2020, the National Bank has managed to increase its international reserves by $ 935 million through operations in the interbank market.

From September 28 to October 2, the National Bank of Ukraine reduced the sale of foreign exchange on the interbank market by more than three times compared to the previous week, to $ 51.1 million. This was announced on Monday, October 5, by the RBC-Ukraine news agency, citing data from NBU. …

During the previous week, to support the hryvnia exchange rate, the National Bank sold $ 160.5 million, in total since the beginning of the year – $ 3574.4 million. The purchase of foreign currency by the National Bank since the beginning of the year amounted to $ 4509.4 million.

Thus, since the beginning of 2020, the National Bank has been able to increase its international reserves by $ 935 million through operations in the interbank market.

As previously reported, in September the balance of Banco Nacional’s interventions in the interbank exchange market was negative and amounted to $ 200 million.

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