The NBU is considering the reduction of the key policy rate due to improved FX market conditions. The noticeable improvement of the foreign exchange market has been caused not only by the seasonal increase in the supply of currency by farmers and the decrease in demand for energy imports but also ... #DiscountRateUkraine #foreignexchangemarket #KeyPolicyRate #nbu
The Central Bank has reduced the sale of reserves to a minimum due to the fall in demand for foreign currency. In April 2023, the National Bank of Ukraine bought $3.7M on the interbank foreign exchange market and sold $1.374B. The negative balance amounted to $1.37B. According to the regulator, currency sales ... #CurrencySale #foreignexchangemarket #nbu
In January, Ukrainians increased their purchases of foreign currency to a record amount. In January 2023, Ukraine’s population sold cash and non-cash currency to commercial banks for $1.2B and bought $1.8B. The net purchase of currency amounted to $564M. Thus, in January, Ukrainians incre... #CurrencySale #foreignexchangemarket #nbu
The National Bank continues to sell significant amounts of currency from its reserves. During January 2023, the NBU bought $28.5M and sold $3.11B on the interbank foreign exchange market. The negative balance amounted to $3.082B, according to NBU data. Thus, the central bank slightly re... #CurrencySale #foreignexchangemarket #nbu
From November 14 to 18, the NBU sold $182.18M and bought $16.1M on the interbank foreign exchange market. According to currency intervention data, the National Bank sold $182.18M on the interbank market during the week, which is just over half of what was purchased last week, when the volume of sales from... #CurrencySale #foreignexchangemarket #nbu
The NBU’s removal of restrictions on the exchange rate has strengthened the hryvnia. The removal of exchange rate restrictions for banks has stabilized the situation in the foreign exchange market and helped strengthen the hryvnia exchange rate, reported the National Bank of Ukraine. ... #exchangerestrictions #foreignexchangemarket #nbu
