Last week, the National Bank of Ukraine (NBU) reduced sales of dollars on the interbank market by $21.7 million, or 3.8%, to $551.3 million, which is the same as the week before last, according to statistics on the regulator’s website.
According to the NBU, in the first four days of last week, the average daily negative balance of buying and selling foreign currency by legal entities rose to $78.9 million from $65.6 million in the same period a week earlier and totaled $315.8 million.
The negative balance on the FX market for households also increased to $68.2 million from $44.3 million the week before, although it was declining over the course of the week, from $25.7 million on Monday to $14.0 million on Thursday.
This result was partly due to the high volume of non-cash foreign currency purchases on September 1, which amounted to $32.9 million.
The NBU started publishing weekend foreign exchange statistics separately, whereas previously it combined them with Monday data.
The official hryvnia exchange rate against the dollar weakened from 41.3203 UAH/$1 to 41.3722 UAH/$1 early last week, but on Friday the National Bank strengthened the national currency to 41.2199 UAH/$1. The last time the hryvnia was so expensive was in the third decade of August, and before that – in April of this year.
On the cash market, the dollar also fell by about 6-8 kopecks over the past week: buying to 41.21 UAH/$1, and selling to about 41.30 UAH/$1.
“Domestic demand remains restrained: importers are working as planned, the population is mainly focused on the euro, and the NBU is maintaining the balance without sharp movements. The general characteristic of market behavior is a smooth decline (of the dollar to hryvnia exchange rate) without sharp impulses,” experts of KYT Group, a major participant in the cash foreign exchange market, said.
They added that the spread between buying and selling is stable in a narrow corridor of UAH 0.40-0.50, and market rates remain equidistant from the official one. This indicates a lack of nervousness and support for the “exchange rate consensus” between the market and the regulator.
According to KYT Group’s short-term forecast for the period until mid-September, the exchange rate will remain in the basic range of UAH 41.20-41.70/$1, while the medium-term forecast for 2-3 months envisages a range of UAH 41.50-42.20/$1.
“The Fed’s likely September decision could give momentum in either direction: if the rate is cut, the hryvnia could strengthen in the short term and the dollar could fall to the lower boundary; if it is maintained, quotes will remain closer to the upper boundary,” experts say.
In the long term (6+ months), they maintain the scenario of a smooth devaluation: the expected benchmark is 43.00-44.50 UAH/$1, provided that foreign aid is stable and the NBU’s policy is controlled.
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A meeting of the joint Uzbek-Moldovan Commission on Road Transport was held in Kyzylanav.
The delegations of the Ministry of Transport of Uzbekistan and the Ministry of Transport and Road Infrastructure of Moldova discussed the development of international road freight transportation and the creation of additional conditions for national carriers.
Following the meeting, a protocol was signed amending existing agreements. The document stipulates that starting from the beginning of 2026, bilateral and transit cargo transportation between the two countries will be carried out under a non-permitted system.
The agreement will create new opportunities for national carriers, simplify the transportation of goods to Europe and strengthen Uzbekistan’s export chains.
Domobudivny Kombinat No. 4 (DBK-4, Kyiv), part of the Kyivmiskbud holding, reduced its net profit by 26% compared to 2023 to UAH 3.1 million in 2024.
According to the company’s annual report, published in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its net income increased by 27.7% to UAH 488.5 million.
DBK-4’s retained earnings at the end of 2024 amounted to UAH 134.2 million. The company’s current liabilities increased by 11.8% compared to 2023, to UAH 219.1 million, and long-term liabilities increased by 36.6%, to UAH 29.3 million. The value of assets at the end of 2024 increased by 7.7% and amounted to UAH 477.5 million.
According to the report, in 2024, the company completed the construction of one building with a total area of 28.7 thousand square meters for 432 apartments at 22 Konoplyanska Street in Kyiv (Navigator 2 residential complex). The commissioning of the next facility is planned for 2025, as well as the start of work on the construction sites of two buildings in Brovary.
According to the NSSMC, as of the second quarter of 2024, the shareholders of DBK-4 are Petro Shylyuk (39.89%), PJSC Holding Company Kyivmiskbud (30%), Yulia Kostyanova (6.2%), and Svitlana Lysenko (5.2%).
According to the Bank of Greece (BoG), foreign investment in Greek real estate rose to €2.75 billion in 2024, coming mainly from EU countries, while maintaining high growth rates.
Quarterly data also confirms high interest, especially in tourist regions and large cities. In the first six months of 2024, real estate purchases accounted for 54.2% of all foreign direct investment (FDI) in the Greek economy — an absolute record.
Top 10 countries investing in Greek real estate (approximate data)
Unfortunately, BoG’s public data does not yet reveal the exact figures for each country, but some trends are clearly visible:
Ukrainians and Russians are represented, but their share is not among the top three countries investing in real estate. Their contribution is comparable to other investments from Eastern Europe — most likely within the 3-5th echelon, depending on regional preferences.
The main buyers are concentrated in Athens, Attica, Thessaloniki, Chalkidiki, as well as on popular islands such as the Cyclades and Ionian Islands. The apartment segment remains the leader — about 64% of investments, followed by villas and townhouses (~19%).
The state-owned Ukreximbank (Kyiv) has financed the construction of 700 MW of renewable energy facilities, approximately 300 MW of which are wind farms, according to Andriy Moiseenko, a member of the bank’s board.
“We have financed 700 MW of RES. These are private companies. 300 MW is wind energy. However, some of it is currently occupied,” he said during the Ukrainian Wind Energy Forum 2025 organized by the Ukrainian Wind Energy Association, which is taking place in Lviv.
According to Moiseenko, the demand for energy loans is very high, and the bank’s task is to develop the necessary solutions for providing loans together with state and private banks, as well as international financial institutions, which have also joined in this support.
“Partnerships with international financial organizations allow us to provide more financing,” added the top manager of Ukreximbank.
As reported, Yuriy Shafarenko, deputy head of the main department of the Directorate for Social and Economic Policy of the Office of the President, said at this forum that approximately 200 MW of wind power is expected in Ukraine this year.
