The sale of currency by the regulator was reduced by four times.
This week (from August 15 to 19) net acquisition of currency by the National Bank amounted to $75.4 million. This is the third week during Russia's war in Ukraine when the regulator bought more currency than it sold. In addition, the purchase of foreign currency doubled – $197.8 million against $93.4 million a week earlier.
At the same time, the NBU sold 4.2 times less – $122.43 million compared to $521.7 million for the previous week. This is evidenced by the data on the NBU website.
Let us remind you that for the first time a net purchase (when the purchase of currency by the NBU exceeded the sale) was recorded at the beginning of the war, when the regulator stopped its sale. For the second time – after the devaluation of the official exchange rate on July 21 by 25% and a number of new restrictive measures.
However, according to the results of the three weeks of August, sales figures exceed purchases – net sales amounted to $835.8 million.
Since the beginning of the year, the NBU purchased $3.74 billion and 111 million euros on the market, and sold $16.18 billion and 1.8 billion euros. Since the beginning of the war, the purchase of currency amounted to $2.4 billion and 111 million euros, and the sale – $13.4 billion and 1.8 billion euros.
The rate of NBU interventions began to decrease last month. In June, it reached $3.96 billion compared to $310 million in February.
Read also: The increase in the hryvnia exchange rate helped for a short time: the National Bank sells the currency in significant volumes for the second week in a row
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