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NBU sells US$71 mln on Sept 14-18 to support hryvnia

Over the period under review, the regulator did not buy the currency.

The National Bank of Ukraine (NBU) on September 14-18, 2020, sold US$71 million in the interbank forex market to smooth out excessive rate fluctuations.

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Over the period under review, the regulator did not buy the currency, according to the report by the NBU.

Read alsoPM Shmyhal: Government working on measures to facilitate Ukraine's economic recoverySince the beginning of the year, the central bank's purchases of foreign currency have exceeded sales by $1.147 billion, the report said.

Background

The NBU set the official forex rate for September 21 at UAH 28.17 to the U.S. dollar, which made the country's national currency weaken by six kopiykas.

Ukraine hryvnia NBU currency UAH interbankmarket