REUTERS
The National Bank of Ukraine (NBU) on November 10 held an auction to buy foreign currency on the interbank forex market and its forex purchases on that day totaled $6.7 million.
The average weighted forex rate at the auction was UAH 22.8 per U.S. dollar, and the total amount of bids accepted for the auction was $27.3 million, the NBU reported on its website.
By holding this auction, the regulator resumed foreign currency purchases, which had been arranged on a regular basis since September 17 with a break for the two previous auctions on November 2 and October 30, when the NBU did not buy but sold foreign currency to stabilize the forex market.
As UNIAN reported earlier, the Central Bank on September 17 launched regular auctions to buy foreign currency on the Ukrainian interbank market to build up the country's international reserves.
In September, the regulator bought $152.249 million at UAH 21.560201 per U.S. dollar, while it did not sell foreign currency during that month.
In October, the NBU bought $300.5 million at UAH 21.526532 per U.S. dollar, and sold $46.5 million at $22.981710 per U.S. dollar, or $254 million less than it bought.
Ukraine's gold and forex reserves in October grew by 1.5%, to $12.962 billion.