NBU buys US$131 mln more than it sells on interbank forex market in 2017

The National Bank of Ukraine (NBU) bought US$ 131 million more than it sold on the Ukrainian interbank market from January 1 to March 31, 2017, as part of its operations to replenish the country's international reserves, according to the NBU.

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The situation on the interbank forex market in March remained stable, the NBU said in its macroeconomic and monetary review.

Read alsoCentral bank simplifies rules for cash currency cross-border movementAn increase in forex offers amid declining demand strengthened the Ukrainian hryvnia, it said.

As UNIAN reported earlier, Ukraine's international reserves in February expanded by 0.1%, to $15.460 billion. There has been no update for March.

In 2016, the NBU bought $1.6 billion on the interbank forex market to replenish the reserves.

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