National Bank buys almost US$625 mlin in Jan-March

Ukraine's international reserves as of March 1, 2019, totaled $20.220 billion.

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Forex purchases by the National Bank of Ukraine (NBU) on the interbank forex market exceeded sales in January-March, 2019, when the regulator bought US$624.78 million more than it sold.

Over the period under review, the central bank bought $791.60 million and sold $166.83 million, according to the NBU website.

Read alsoNational Bank: Hryvnia falls against U.S. dollar by 1.3% in March

In particular, the regulator bought $256.7 million in March alone, having sold $109.5 million.

In the last week of March, the NBU bought $15 million on the interbank market and did not sell the currency, as was the case in the previous week.

UNIAN memo. The hryvnia, Ukraine's national currency, in March fell against the U.S. dollar by 1.3% to UAH 27.21 (at the official rate of the National Bank of Ukraine/NBU), but rose against the euro by 0.3%, up to UAH 30.57.

In January-March 2019, the hryvnia strengthened by 1.7% against the dollar and by 3.6% against the euro, the regulator said on its website.

Ukraine's international reserves as of March 1, 2019, totaled $20.220 billion, which was 2.9% down from the figure reported as of February 1, 2019. Since the beginning of the year, the reserves have shrunk in the same range, given that at the beginning of February the figure remained at the level as of January 1, or at a five-year maximum.

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