Business news from Ukraine

Net sales of dollars by National Bank of Ukraine (NBU) fell to $277 mln after three weeks of increases this week

11 June , 2023  

Net sales of dollars by the National Bank of Ukraine (NBU) fell this week to $277.6 million from $457.0 million a week earlier after three weeks of increases.
According to the NBU on its website, from June 5 to June 9, 2023, its purchase of currency rose to $11.9 million from $15.1 million, while sales fell to $292.7 million from $469.0 million.
In the cash market, the dollar depreciated by about UAH 0.10 during the week – to UAH 37.15/$1.
Since the beginning of the year, the NBU bought $146.0 mln on the market, while it sold $11 bln 40.3 mln.
As 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.

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