Currency sales were above average for the week since the beginning of the year ($540 million).
In the week of June 17-21, 2024, the National Bank sold $722.57 million in the interbank foreign exchange market, which is 19.5% less than the previous week ($897.82 million). The NBU reported this.
Currency sales were above average for the week since the beginning of the year ($540 million).
Overall, since the beginning of the year, the NBU has sold $13.5 billion on the interbank market, which is slightly less than international aid to Ukraine since the beginning of the year. However, at the end of June, Ukraine is scheduled to receive 1.9 billion euros from the EU and 2.2 billion dollars from the IMF, which will cover the costs.
Let us remind you that at the end of last week in the interbank market the exchange rate of the American currency decreased by 5 kopecks to 40.42-40.46 UAH/dollar (buying and selling).
It was previously reported that the NBU reduced the discount rate for the third time in a row. Such a step will contribute to a further revival of lending, which is important for economic recovery, assured the regulator.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.