NBU net forex interventions down 10.5% last week

MOSCOW. July 28 (Interfax) - The National Bank of Ukraine (NBU), in the absence of forex purchases, reduced its sale on the interbank market by $95.1 million, or 10.5%, to $811.5 million last week, Ukrainian media reported, citing the statistics published on the regulator's website.

According to the NBU's statistics, last week the balance of forex interventions was negative almost every day, with the exception of Tuesday, when it stood at $7.58 million, while the balance was $13.4 million on Monday, $10.7 million on Wednesday, and $7.9 million on Thursday.

The official hryvnia to dollar exchange rate fell from 41.7514 UAH/$1 at the beginning of the week to 41.7824 UAH/$1 at the end of the week.

The hryvnia exchange rate remained almost unchanged on the cash market by the end of the week, with approximately 41.63 UAH/$1 for purchase and 41.70 UAH/$1 for sale.