REUTERS
Ukraine's national currency strengthened against the U.S. dollar by 4% in January-June 2017, according to the Macroeconomic and Monetary Review for June 2017 posted by the National Bank of Ukraine (NBU) on its website.
Hryvnia revaluation in June 2017 alone was by 1%, it said.
The NBU noted the hryvnia strengthening trend in the forex market in June was due to the excess of foreign currency inflows from nonresidents over outflows, which allowed the regulator to buy currency to replenish its international reserves.
Read alsoNBU keeps official exchange rate at UAH 26.03 to dollarIn particular, the positive balance of the National Bank's purchase of currency in the interbank forex market was estimated at about US$300 million in June 2017 and $1.4 billion from the beginning of the year.
As UNIAN reported earlier, Ukraine's international reserves stood at $17.618 billion (in the equivalent) as of June 1, 2017, which was 3% up from May 1, 2017 and 14% more from the beginning of the year.
On Monday, July 3, hryvnia quotations against the dollar on the interbank currency market by the opening of trade settled at of UAH 25.99/26.02 to the dollar.