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The National Bank reduced the sale of foreign currency from reserves

Photo: NBU Press Center

For a month and a half of 2023, the negative balance of NBU interventions exceeded $4 billion.

In the working week from February 6 to February 10, 2023, the National Bank of Ukraine bought $7.70 million in the interbank foreign exchange market and sold $679.25 million. The negative balance of interventions reached $671.55 million, according to data on the NBU website on Saturday, February 11.

The regulator reduced the sale of foreign currency compared to the previous week, when $777.52 million was sold.

Year to date, National Bank bought $37.75 million and sold $4,193.00 million. The negative balance of interventions reached $4,155.25 million.

Earlier, the head of the NBU, Andriy Pyshny, was called a threat to the stability of the hryvnia exchange rate. According to him, the Ukrainian economy has a huge excess of liquidity caused by the financing of the war budget.

At the same time, Ukraine’s reserves reached almost $30 billion. In January, the government’s foreign currency accounts at the National Bank received more than $4.3 billion.

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Source: korrespondent

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