National Bank halts forex interventions on interbank market for three weeks

The regulator had bought US$4.55 billion since the beginning of the year.

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The National Bank of Ukraine says it did not carry out any interventions to sell foreign currency on the interbank forex market on November 23-27, as was the case two weeks earlier.

Read alsoUkrainian banks see 23.4% decline in net profit in 10 months: NBUIn total, since the beginning of the year, the NBU has bought US$4.55 billion on the interbank market, while selling US$3.8 billion, according to the regulator's report.

At the same time, net purchases totaled US$748.8 million.

Ukraine's international reserves were estimated at US$26.14 billion as of November 1, 2020.

In October, the international reserves shrank by 1.5%, or US$385 million, after a US$2.5 billion decline in September.

Interbank rate in late November

By 16:00 Kyiv time on November 27, hryvnia quotations against the dollar on the interbank forex market settled at UAH 28.53/28.54 to the dollar, while those against the euro were at UAH 34.01/34.03.

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