CURRENCY – Page 6 – Ukraine open for business

NET SALE OF CURRENCY BY NATIONAL BANK OF UKRAINE LAST WEEK TOTALS $157 MLN

The National Bank of Ukraine (NBU) in the period from September 30 through October 4, 2019 first since the start of August entered the market to support the hryvnia, selling $200 million – almost the same amount as for the entire period since the beginning of 2019.
According to a posting on the website of the central bank, all these interventions were made at the single exchange rate (using the matching tool).
At the same time, the National Bank last week managed to acquire $42.5 million, as a result of which the net sale of foreign currency amounted to $157.5 million.
In general, since the beginning of 2019, the NBU has bought $4.199 billion at the interbank currency market, sold $448.2 million, in particular, it bought $930 million in September, $316 million in August, $1.271 billion in July, and $322 million in June, and sold only $ 17 million early August.

CURRENCY, NATIONAL BANK, SALE

UKRAINIANS BUY $97 MLN MORE CURRENCY THAN SELL IN AUGUST

The volume of purchase of cash currency by the population in August 2019 exceeded the volume of sales by $97 million.
According to the National Bank of Ukraine (NBU), the volume of currency purchase for the second month in a row exceeds the volume of sales, while in June and May Ukrainians sold more currency than they bought.
In general, since the beginning of 2019 the population has sold $56.4 million more currency than bought.
The NBU said that in August compared with July Ukrainians reduced the purchase of foreign currency by 5.1%, to $1.424 billion, sales by 5.7%, to $1.327 billion.

AUGUST, CURRENCY, SELL