Ukrainians are increasingly buying foreign currency. The NBU had to increase interventions to a three-month high. According to ICU analysts, demand for foreign currency among Ukrainians remains at a very high level and is forcing the NBU to sell large volumes of it from its international reserves to maintain the ... #currencyexchange #CurrencyMarket #financeUkraine #nbu
The volume of foreign exchange earnings by exporters increased by 16%, but up to $8B still must be returned to Ukraine. According to the NBU, the amount of export earnings received in Ukraine for January-June 2024 exceeded the result for the same period in 2023 by 15.9%, or $3.3B, while the amount of unreturned foreign... #currencyexchange #CurrencyRestrictions #nbu #UkraineEconomy #UkraineExport
Ukraine has a significant imbalance between exports and imports, how does this affect the dollar exchange rate? Oleh Hetman, the Economic Expert Platform’s coordinator of expert groups, notes that because the exchange rate is not free-floating but in in a state of controlled flexibility, the national bank... #currencyexchange #nbu #OlehHetman #UkraineEconomy #UkraineExport #UkraineImport #Ukrainetradedeficit
The NBU has eased currency restrictions to improve the FX market’s operation. As National Bank reported, starting from 16 September 2023, when calculating the amount of cash foreign currency that can be sold in the FX market, a bank or a nonbank financial institution will take ... #currencyexchange #CurrencyRestrictions #CurrencySale #financeUkraine #nbu
What consumer prices and dollar exchange rates do Ukrainians expect? According to the NBU, both financial analysts and the public expect a slowing trend to the growth of consumer prices. Financial analysts in July predicted that inflation would be 12% over the next 12 ... #currencyexchange #dollarexchangerate #Hryvnia #InflationinUkraine #nbu
The NBU continues to increase the sale of foreign currency, and Ukrainians are buying fewer dollars. The net sale of dollars by the National Bank from May 29 to June 2 rose to $457.02M. According to the regulator, the bank bought only $11.93M last week and sold $468.95M. In May, the central bank incr... #currencyexchange #CurrencySale #foreigncurrency #nbu
Ukrainians are buying less foreign currency from banks. In March 2023, the population of Ukraine sold $1.388B in cash and non-cash currency to commercial banks and bought $1.812.3B. The net currency purchase amounted to $424.3M. Thus, according to the Nati... #currencyexchange #CurrencyMarket #UkraineBuysCurrency
The NBU sold a record amount of currency this week. The volume of currency sales by the National Bank of Ukraine in the fourth week of May set a sales record for the period of time since the beginning of the war, $1.43B, reported the NBU. The National ... #currencyexchange #nbu
The NBU might return to Ukraine’s floating currency exchange rate. The National Bank of Ukraine is considering the return to the floating exchange rate to increase stability in the foreign exchange market, said the head of NBU, Kyrylo Shevchenko. Since the war, the N... #currencyexchange #KyryloShevchenko #nbu
