2023-02-07T17:09:00+02:00 Economy 2024-09-15T05:54:51+03:00

Ukrainian news

NBU's Net Currency Sale On Interbank Down 2.6% To USD 3.1 Billion In January

NBU's Net Currency Sale On Interbank Down 2.6% To USD 3.1 Billion In January

In January 2023, the net sale of currency by the National Bank of Ukraine (NBU) amounted to USD 3.082 billion, which is by 2.6% less than the December net sale (USD 3.164 billion).

This is evidenced by NBU data, Ukrainian News Agency reports.

So, in January, the NBU bought USD 29 million from the interbank and sold USD 3,111 million.

For comparison, in November 2022, the net sale of currency amounted to USD 1.569 billion, in October - USD 2.032 billion, in September - USD 2,753 million.

The balance of NBU interventions according to the results of August was negative and amounted to USD 1,330 million, in July - USD 1.195 billion, in June - USD 3,956 million, in May - USD 3,354 million, in April - USD 2,203 million, in March - USD 1,776 million, in February - USD 308 million.

As Ukrainian News Agency earlier reported, the National Bank of Ukraine adjusted the official exchange rate of the hryvnia by 25% to UAH 36.5686/USD on July 21.

From August 6, 2022, the National Bank canceled the restriction, according to which banks and non-banking institutions had to buy cash currency from the population at a rate no lower than the official one.

The National Bank allowed banks to sell more currency to the public.

Thus, from September 6, the amount of cash currency that the bank can offer to the population will include the entire amount of non-cash currency purchased by it from April 13, 2022, instead of half of it.