To maintain the hryvnia exchange rate, the central bank sold $ 3.4 billion worth of foreign currency a month.
The National Bank sold a record $ 3.4 billion on the interbank market in May, according to data posted on the regulator’s website on Wednesday, June 1st.
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At the same time, the NBU bought only $ 56.4 million a month. Thus, the negative balance reached a historic maximum – $ 3,354.2 million.
From the beginning of the year, the NBU bought $ 1,946 million and sold $ 10,901 million. The negative balance was $ 8,955 million.
As you know, after the start of the war, the official exchange rate against the dollar was fixed at 29.25 hryvnia. At this rate, the NBU sells foreign currency on the interbank market.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.