2023-07-04T16:59:00+03:00 Economy 2024-09-15T05:20:30+03:00

Ukrainian news

NBU's Net Currency Sale On Interbank Down 5% To USD 1.8 Billion In June

NBU's Net Currency Sale On Interbank Down 5% To USD 1.8 Billion In June

In June 2023, the net currency sale by the National Bank of Ukraine amounted to USD 1.798 billion, down 5% month over month (USD 1.9 billion).

This follows from the NBU data, the Ukrainian News Agency reports.

So, in June, the NBU bought USD 50 million at the interbank and sold USD 1,848 million.

For comparison, in May, the net sale of foreign currency amounted to USD 1,928 million; in April - USD 1,370 million; in March - USD 1,669 million; in February - USD 2.431 billion; in January - USD 3.082 billion; in December last year - USD 3,164 million, in November - USD 1.569 billion, in October - USD 2.032 billion, and 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, and in February - USD 308 million.

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

From August 6, 2022, the NBU 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 NBU 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.