Business news from Ukraine

Last week net sales by National Bank of Ukraine (NBU) rose to $520 mln

3 July , 2023  

Net sales of dollars by the National Bank of Ukraine (NBU) this week totaled $520.4 million compared to $427.5 million last week.
According to the NBU on its website, from June 26 to June 30, 2023, its purchases of currency increased from $8.3 million to $12.6 million, while sales increased from $435.8 million to $533.0 million.
On the cash market, the dollar rose by only about 3 kopecks during the week. – UAH/$1 to UAH 37.25.
Since the beginning of the year, the NBU bought $177.9 mln at the market, while it sold $12 bln 455.9 mln.
As it was reported, the volume of interventions of the National Bank in May increased to $1.93 billion, compared to $1.37 billion in February and $1.67 billion in March.
However, due to a significant influx of external financing, international reserves rose by 4%, or $1.358 billion – to $37 billion 311.3 million in May.
For June, interventions amounted to about $1.9 billion, which is again noticeably less than Ukraine’s external financing, which amounted to about $3 billion.