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The National Bank of Ukraine (NBU) reduced the volume of currency interventions on the interbank market, which was a response to the moderate growth of the hryvnia exchange rate. According to the regulator, in the last working week, the NBU sold $785 million, which is 20% less than a week earlier, when the volume of sales amounted to $950 million. At the same time, the NBU purchased only 510,000 dollars from the interbank.
Since the beginning of 2024, the NBU has sold currency in the amount of 17.2 billion dollars, while the volume of purchases was only 118 million dollars.
Recent months have been marked by significant fluctuations in the dollar exchange rate, which has repeatedly broken historical records. In particular, in July, the official exchange rate of the hryvnia decreased by 2.6%, or by UAH 1.04. Since the beginning of the year, the dollar has strengthened by 9.2%, or by UAH 3.49.
The head of the National Bank, Andriy Pishniy, emphasized that the current situation indicates the restoration of the stability of the currency market, which is a positive signal for the economic stability of the country.
