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During the week of 20-24 January, the National Bank of Ukraine sold the smallest amount of foreign currency since the beginning of 2022, according to the regulator’s data published on Monday, 23 January.
During this period, the NBU sold $756.3 million, a third less than a week earlier. At the same time, the amount of foreign currency purchased by the regulator remained insignificant, amounting to just $50,000.
January results
In January 2025, the NBU sold over $2.8 billion in foreign currency, while it bought only $250,000. This imbalance indicates that the NBU is actively intervening to stabilise the FX market and meet the economy’s FX needs.
Currency market trends
The decline in foreign currency sales this week may signal a gradual decline in demand for dollars in the domestic market. Experts also point to a reduction in the currency deficit, which allows the NBU to reduce the volume of interventions.
The situation on the foreign exchange market remains under control
Despite a significant gap between the sale and purchase of foreign currency, the NBU continues to effectively support the stability of the hryvnia.
