Foreign exchange interventions by the National Bank of Ukraine (NBU) on the interbank market in August remained close to July’s level, increasing by $24.7 million, or 0.5 percent, to $4.82 billion, according to data from the regulator’s website.
At the same time, the official hryvnia-to-dollar exchange rate strengthened by 0.3%, or 14 kopecks, in August, reaching 44.5505 UAH/$1 at the end of the month.
The volume of the National Bank’s interventions in the interbank market last week increased by 6.5%, or $77.9 million, compared to the previous week, reaching $1.27 billion.
According to the NBU, net interventions in August rose by 78.6%, or $2.12 billion, year-over-year.
From January through August, the regulator sold nearly $33.0 billion in foreign currency, which is 39.0%, or $9.25 billion, more than during the same period last year.
Over the 28 days of August, the average daily negative balance of legal entities’ currency purchase and sale transactions increased to $169.5 million from $151.8 million in July.
In the retail foreign exchange market, this figure rose from $19.4 million in July to $25.9 million in August.
