The situation in the foreign exchange market has improved significantly. The NBU has reduced the volume of currency sales for four weeks in a row.
In the working week from February 27 to March 3, the National Bank sold $289.39 million in the interbank foreign exchange market and bought $6.5 million. This was confirmed by the regulator’s data on Monday, March 6.
At the end of the week, the negative balance of interventions reached 282.89, the lowest since the beginning of 2023. At the same time, the total sales were more than half compared to the previous week, with more than $600 million sold during that period . This trend has been observed for four weeks in a row.
In total, since the beginning of the year, the NBU has sold $5,748 million, and bought only $58.9 million. The negative balance of interventions is now at $5,689.36 million.
Recall that in February, Ukrainians reduced the purchase of foreign currency in banks. Net purchases for the month totaled $504.8 million. At the same time, about a third of the demand in February fell in non-cash money.
It was also reported that more than $800 million in cash was brought into Ukraine in January. This is a record volume since the beginning of the war with Russia.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.