The Central Bank reduced the sale and increased the purchase of foreign currency after a sharp rise in the dollar.
Over the past week, the National Bank reduced net sales of foreign currency in the interbank market to $86 million, the lowest since the beginning of March. This is confirmed by the data on the website of the Central Bank.
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So, during the week, the NBU bought $223.22 million and sold $309.2 million.
In total, since the beginning of the year, the central bank bought $2,092.82 million and €110.97 million in the interbank market, and sold $15,008.76 million and €1.79 billion.
It should be noted that because of the war, the NBU is trying to prevent the fall of the hryvnia by selling foreign currency, which is why Ukraine’s international reserves have been depleted. If at the beginning of the year they reached $30.941 billion, by the end of June they had dropped to $22.75 billion.
Recall that on July 21, for the first time since the beginning of the war, the NBU raised the dollar against the Hryvnia – immediately by 25% to UAH 36.57 / dollar. Correspondent.net Imagine what awaits Ukrainians after such a decision by the financial regulator.
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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.