• 21/03/2025 05:03

NBU Sold Record Volume of Currency to Support Hryvnia

 NBU sold a record volume of currency to support the hryvnia

This is one of the highest figures since the start of Russia's full-scale invasion of Ukraine.

This week, from December 23 to 27, the National Bank sold $1.625 billion to support the national currency exchange rate on the interbank market and prevent it from falling.

This is evidenced by data on the NBU website.

At the same time, the regulator did not buy currency on the market this week.

Based on the results of trading on the interbank market, The National Bank set the official hryvnia to dollar exchange rate for Monday, December 30, at UAH 41.9403/USD, compared to UAH 41.8447/USD on Friday.

At the beginning of the week, on December 24, it updated its historical minimum, reaching UAH 41.9910/USD.

Since the beginning of the year, the National Bank has bought only $126 million on the market and sold $34.57 billion from reserves. This is significantly more than in 2022 ($26.38 billion) and 2023 ($28.83 billion).

Will the hryvnia continue to strengthen, what is happening on the market now, what to expect this week, is it worth investing in currency, what is more profitable: euro, dollar or other options, read in the weekly analytical project of the TSN.ua website.

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