The National Bank decided to reduce the dollar’s exchange rate, despite the currency’s high structural deficit.
During the week of January 13-17, 2025, the NBU sold $1.015 billion in the interbank foreign exchange market. This is slightly less than last week – $1.039 million. The NBU reported this.
Demand for the currency rose sharply in December, and the NBU sold $5.284 billion in the interbank foreign exchange market. This is the highest monthly volume in history.
At the same time, the demand for the currency remained at the beginning of 2025. The National Bank decided to reduce the exchange rate of the dollar, despite the high structural deficit of the currency.
In total, in 2024, the NBU sold $34.822 billion in the interbank market. However, the volume of international aid to Ukraine in 2024 reached $41.7 billion, which blocked interbank market interventions.
At the beginning of the year, Ukraine has already received 3 billion euros from the EU at the expense of frozen Russian assets.
We remind you that the official dollar exchange rate has decreased for the third day in a row. In the interbank market, the American currency lost another 6 kopecks in price at 42.08-42.11 UAH/dollar (buying and selling).
As reported, at the end of December, Ukraine’s international reserves reached a new record – $43.788 billion. Overall, in 2024, reserves increased by $3.273 billion, or 8.1%.
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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.