Photo from UNIAN
The central bank retained its presence in the market, smoothing excessive fluctuations in the hryvnia forex rate.
The National Bank of Ukraine (NBU) says an increase in fluctuations of the hryvnia forex rate on the interbank forex market in the second half of June was due to a decline in the supply of foreign currency from the agro-industrial complex.
Read alsoNBU cuts official exchange rate to UAH 26.29 to dollar
The National Bank retained its presence in the market, smoothing excessive fluctuations in the hryvnia exchange rate and replenishing international reserves during periods when the supply of currency exceeded demand for it, according to the NBU macroeconomic and monetary review for June 2018 published on the regulator's website.
As a result, the National Bank's currency purchases exceeded its sales by $24 million in June alone, and by $1.3 billion from the beginning of the year.
As UNIAN reported earlier, the National Bank in June resumed currency sales on the interbank foreign exchange market after a two-month break (April 16-June 11) when it was buying currency.
The regulator in January-May replenished Ukraine's international reserves on the interbank currency market by $1.2 billion.
Ukraine's total international reserves stood at $18.1 billion as of June 1, 2018, which was 2.5% down against the figure recorded at the beginning of the year.
The current rate of the hryvnia on the interbank forex market settled at UAH 26.30/26.35 to the dollar, according to dealers.