REUTERS
According to dealers of commercial banks, trading in the interbank foreign exchange market has not yet begun.
The National Bank of Ukraine (NBU) will sell US$200 million on the interbank foreign exchange market on March 16.
The banks' bids are accepted until 12:30 Kyiv time, and the auction results will be published on the regulator's website, as reported by the NBU.
The regulator sold US$270 million on the interbank foreign exchange market on Tuesday, March 10, about US$350 million on Wednesday, over US$220 million on Thursday, and almost US$150 million on Friday to stabilize the hryvnia.
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According to dealers of commercial banks, trading in the interbank foreign exchange market has not yet begun.
The U.S. dollar tumbled against the hryvnia, Ukraine's national currency, to UAH 26.90, in Kyiv's currency exchange booths on the morning of Monday, March 16.
There has been an increased demand for currency this week, which is formed by Ukrainian companies. However, the foreign currency purchases by non-residents to withdraw from domestic government loan bonds market is not yet significant, according to the NBU.