Business news from Ukraine

Business news from Ukraine

NATIONAL BANK OF UKRAINE BUYS $430 MLN IN FIVE DAYS

7 April , 2020  

The National Bank of Ukraine bought $430 million in the market over the past five working days, the hryvnia exchange rate has strengthened from more than UAH 28/$1 to UAH 27.15/$1, NBU Deputy Governor Dmytro Sologub has said. “Only in the last five working days, the National Bank bought $430 million for reserves,” he said in an online interview with Ukrayinska Pravda.
Sologub emphasized that the policy of the National Bank remains unchanged.
“There are fluctuations, we are smoothing them in both directions,” he said.
As reported, over the past week, the NBU bought $ 248 million on the interbank currency