• 14/05/2025 11:32

NBU reduced foreign currency sales to almost a yearly minimum

ByNazar Bogudan

Mar 10, 2024

Net sales of dollars by the National Bank decreased to $133.69 million compared to $291.3 million a week earlier. This is the lowest figure in 11 months. This is evidenced by the regulator's data.

NBU has reduced sale of foreign currency to almost an annual minimum

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Sales of foreign currency decreased by more than half: from $320.9 million to $156 .8 million, while the purchase, although it decreased from last week by $6.5 million, remained at a relatively high level – $23.11 million.

The official rate at the end of the week strengthened by 1 kopeck – to $38 ,1410 UAH/$1.

On the cash market, the hryvnia exchange rate increased slightly over the week – from 38.59 UAH/$1 to $38.53 UAH/$1.

As reported, In February, the NBU's net sales decreased to $1.5 billion from $2.53 billion in January, $3.55 billion in December and $2.45 billion in November.

However, in February, external support amounted to only about $0. 8 billion, so international reserves fell by 3.8% or $1.47 billion to $37.05 billion after they fell by 4.9% or $1.98 billion in January.

minfin.com.ua

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