The National Bank of Ukraine (NBU) increased dollar sales on the interbank market by $79.0 million, or 12.5%, to $712.1 million last week, according to statistics on the regulator’s website.
According to the NBU, during the first four days of last week, the average daily negative balance of currency purchases and sales by legal entities decreased to $67.3 million from $69.3 million during the same period a week earlier, totaling $269.3 million.
On the currency exchange market for the population, on the contrary, the negative balance increased to $46.5 million from $21.9 million the week before last, and on all days, the purchase of non-cash currency exceeded its sale.
The official hryvnia-to-dollar exchange rate, which started last week at 42.2942 UAH/USD, weakened daily to a new historic low, broke through the 43 UAH/USD level, and ended the week at 43.0757 UAH/USD.
The hryvnia’s exchange rate against the euro also fell by 1.1% over the week, from 49.5794 UAH/EUR1 to 50.1444 UAH/EUR1. During these days, it also broke through the important level of 50 UAH/EUR1 for the first time and reached a historic low of 50.1762/EUR1.
On the cash market, the dollar exchange rate over the past week followed the official trajectory, with the dollar rising by approximately 77 kopecks over the week: purchase – to 42.84 UAH/$1, sale – to 43.26 UAH/$1, while on the black market on Monday it reached 43.4-43.5 UAH/$1, with the euro also rising in price by 80 kopecks and currently trading at: purchase – 50 UAH/EUR11, sale – 50.73 UAH/EUR1.
The National Bank of Ukraine fined FC Axioma LLC UAH 200,000 for violating currency legislation.
The violations concerned the timing of providing fragments of video archive data at the request of the NBU. A similar fine of UAH 200,000 was imposed on FC Centrofinance LLC for failure to comply with the requirements for equipping a separate unit with a video surveillance system for currency transactions.
Axioma, Centrofinance, FC, FINE, NBU
The National Bank of Ukraine fined FC Goldana Plus LLC and FC Forward Finance LLC UAH 340,000 each.
According to the regulator, the companies failed to properly submit accurate information and documents in full to the NBU upon request.
The National Bank of Ukraine imposed sanctions on the financial institution EV.RO.Lombard EV.RO.Finance LTD and Company, imposing a fine of UAH 595,000.
The fine was imposed for violations of financial monitoring requirements, in particular with regard to internal documents and procedures, risk-based approach, reporting, and responses to regulator requests.
The National Bank of Ukraine has fined Clearing House Bank UAH 200,000 for violating financial monitoring legislation.
In particular, the bank failed to comply with the prohibition on notifying customers of decisions made by the specially authorized body for financial transactions, the NBU said.
The National Bank of Ukraine has imposed sanctions on Motor Bank, fining it UAH 3.0 million.
According to the regulator, the bank violated the requirements of the legislation in the field of preventing money laundering and terrorist financing, in particular, in terms of proper customer verification and the application of a risk-based approach.
