The regulator explained the refusal to enter the interbank market



[ad_1]

The regulator explained the refusal to enter the interbank market

Photo: NBU Press Center

NBU refused to intervene in the interbank market

For four weeks, the central bank did not enter the interbank exchange market so as not to upset the balance.

In the last three weeks of November, the foreign exchange market was balanced, so that the National Bank did not come out with interventions, the regulator’s press service reported on Monday, December 7.

At the same time, in early November, the central bank carried out various interventions to sell foreign currency to smooth out fluctuations in the direction of the depreciation of the hryvnia.

In general, notes the NBU, the demand for foreign exchange on the interbank market in early November exceeded the supply. This was due to the reactivation of business activity, including due to the activation of importers.

Recall that in November, the NBU sold $ 70 million on the interbank foreign exchange market and bought $ 41 million in one month. Therefore, the NBU’s balance of operations was negative – minus $ 29.0 million.

At the same time, in November, for the first time since the beginning of the year, Ukrainians bought more coins than they sold.

News of Correspondent.net on Telegram. Subscribe to our channel https://t.me/korrespondentnet

[ad_2]