In March, the regulator reduced the sale of foreign currency in the interbank market by more than 30% compared to February.
In March, the National Bank bought $5.2 million in the interbank foreign exchange market and sold $1,674.1 million. The negative balance reached $1,669.0 million, the lowest amount in four months. This was confirmed by the regulator’s data on Saturday, April 1.
Thus, the NBU reduced the sale of foreign currency in the interbank market by 31.3% compared to February, when the central bank sold $2,431.0 million.
In addition, the volume of sales was the lowest since November 2022, when NBU sold $1,569 million.
Also, in the week from March 27 to 31, the NBU sold $343.18 million in the interbank market, reducing sales by 30.7% compared to last week – $495.45 million.
In total, since the beginning of the year, the regulator has earned $61.30 million and sold $7,243.41 million. The negative balance of interventions is $7,182.11 million.
Recall that the NBU believes that the growth of the Ukrainian economy this year may be greater than previously thought. Specific figures for GDP are at the end of April.
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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.