In the three weeks ending last Friday, the central bank sold $527 million dollars to defend the hryvnia,
Monday, August 20, 2018

In the three weeks ending last Friday, the central bank sold $527 million dollars to defend the hryvnia,

In the three weeks ending last Friday, the central bank sold $527 million dollars to defend the hryvnia, the National Bank of Ukraine website reports. During that time, the hryvnia lost 3.1% against the dollar. By contrast, during the prior seven months of the year, the central bank sold a net $175.5 million. International reserves are $17.2 billion, almost 6% below the start of the year. Last year, the central bank bought $ 1.3 billion more on the interbank foreign exchange market than it sold, UNIAN reports.

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