7 Apr 2025 18:50

National Bank of Ukraine's last week forex sales lowest in 2025 at $392 mln

MOSCOW. April 7 (Interfax) - The National Bank of Ukraine (NBU) reduced forex sales on the interbank market by $453.73 million to $391.9 million last week, Ukrainian media reported citing the NBU's statistics on its website.

The NBU last week bought $6.65 million for the first time in four weeks, thus reducing its net forex intervention by almost 55% to $385.3 million compared to the previous week.

The data that the regulator has published over this time show that the deficit in foreign currency purchases and sales by members of the public last week was highly volatile, increasing from $16.6 million over the weekend and Monday to $54.4 million on Tuesday, and then declining to $35.4 on Wednesday and to $17.8 million on Thursday.

With the decline in forex interventions, the official exchange rate of the national currency grew by 28 kopecks to UAH 41.1941/$1 over past week.

On the wholesale cash market, the hryvnia strengthened even more, by 38 kopecks, with a narrow spread of UAH 40.87-41.00/$1 maintained.