NBU sells over US$43 mln on Dec 21-24 to support hryvnia

NBU sells over US$43 mln on Dec 21-24 to support hryvnia / REUTERS

20:05, 28.12.2020

0 min. 976

The NBU had not been purchasing foreign currency over the period under review.

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The National Bank of Ukraine on December 21-24 sold US$43.1 million on the interbank foreign exchange market to smooth out excessive rate fluctuations.

The NBU had not been purchasing foreign currency over the period under review, the regulator said on its website.

Read alsoForex rate may remain at UAH 28.20 by late Dec – analystAt the same time, the volume of foreign currency purchases by the National Bank has exceeded the volume of its sale by US$1.084 billion since the beginning of the year.

Background

The National Bank of Ukraine set the official forex rate for December 28 at UAH 28.35 to the U.S. dollar, which let the country's national currency strengthen by 11 kopiykas.

Ukraine hryvnia NBU sale currency interbankmarket forexrate

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