NBU sells $531M on interbank market in past week

The National Bank of Ukraine (NBU) sold $531 million on the interbank foreign exchange market over the past week.

These are the results of currency interventions published on the central bank’s website Ukrinform reports.

From January 15 to 19, 2024, the National Bank sold $531 million and purchased $0.1 million on the interbank foreign exchange market.

Since the start of 2024, the National Bank has sold $1.994 billion and purchased $0.65 million on the interbank foreign exchange market.

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As reported by Ukrinform, the National Bank of Ukraine sold $28.829 billion and purchased $219.85 million.

On October 3, 2023, the National Bank of Ukraine switched to the regime of managed flexibility of the exchange rate. The fixed exchange rate of UAH 36.5686 per U.S. dollar was in effect in Ukraine from the end of July 2022 to October 3, 2023.