National Bank resumes currency sales in Ukraine after almost month's break

The regulator bought US$150 million on the interbank forex market last week.

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The National Bank of Ukraine (NBU) on March 2-6 resumed currency sales on the interbank foreign exchange market after almost a month's break, having sold US$307.2 million, maximum amount of currency since January 1, 2020.

Read alsoUkraine's international reserves grow to US$26.6 bln as of March 1

Over the week, the regulator bought US$150 million on the interbank forex market. As a result, the National Bank's currency sales exceeded its purchases by US$157.2 million, according to the NBU's website.

However, foreign currency purchases have exceeded the sales by US$629.8 million since the beginning of the year.

As UNIAN reported earlier, the National Bank in February 2020 replenished the country's international reserves by US$689 million.

Ukraine's total international reserves stood at US$26.6 billion as of March 1, 2020, which was 5% up against the figure recorded as of January 1, 2020.

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