For now, the hryvnia is stable

Tuesday, March 31, 2020
For now, the hryvnia is stable

For now, the hryvnia is stable. Yesterday, the central bank did not sell dollars and the exchange hovered around UAH 28/$. Last week, the central bank sold $77 million to defend the national currency. In each of the two prior weeks, it sold $1 billion. Yesterday, to replenish stocks of US dollar currency, the central bank exchanged $180 million in cash-for-non-currency in operations with 12 banks.

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