The National Bank reduced the volume of currency sales in the period from August 5 to 9 to $541 million, which is $226 million less than in the previous week. This is evidenced by the regulator's data.
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The NBU continues the policy of injecting large volumes of currency into the market, thus trying to slow down the fall of the hryvnia. Last week, the regulator again bought a minimum amount of currency ($0.25 million) after not buying it at all the week before.
The hryvnia strengthened slightly. In the period from August 5 to 9, the dollar exchange rate against the Ukrainian currency fell from 41.2250 to 40.9926 UAH. However, on Monday, August 12, the NBU set the following dollar exchange rate – 41.1190 UAH.
Graph of changes in the US dollar price from August 1-11, 2024 /Source: bank.gov.ua
The euro shows a similar trend. The official hryvnia exchange rate against the euro on August 12 is UAH 44.8855.
Graph of euro price changes from August 1-11, 2024 /Source: bank.gov.ua
- Hryvnia Dollar Euro Currency