Ukrainian residents' net cash euro purchases reach equivalent of nearly $312 mln in July 2025 - NBU

MOSCOW. Aug 11 (Interfax) - The volume of cash euros purchased by Ukrainian residents in July 2025 was equivalent to $639.1 million compared to $577.7 million in June and $514.7 million in May of this year, local media reported citing the statistics published by the National Bank of Ukraine (NBU) on its website.

Cash euro sales also increased but not so significantly, reaching the equivalent of $327.3 million in July versus $295 million in May. Therefore, net euro purchases in July reached the equivalent of $311.8 million compared to $219.7 million in May, according to the NBU's statistics.

Meanwhile, cash U.S. dollar purchases and sales have been almost equal in the past few months. Thus, the volume of U.S. dollar purchases by the Ukrainian population exceeded the volume of sales only by $17.1 million in July 2025, by $43.5 million in June, and by $58.2 billion in May.

Non-cash forex sales by Ukrainian residents have been larger than purchases for the third consecutive month, with the difference standing at the equivalent of $57.5 million in July versus $39.7 million in June and $32.2 million in May, according to the NBU.

The volume of forex purchases by the Ukrainian population exceeded the volume of sales only by an amount equivalent to $270 million in July 2025 compared with $282 million in June and $248 million in May, the NBU said.

As regards bank clients' operations with no-cash foreign currency, both purchases and sales increased in July 2025, with forex purchases going up by $737.1 million to $9.108 billion, and sales rising by $425.9 million to $6.776 billion.

The volume of inter-bank transactions also grew by $932.6 million month-on-month to $7.188 billion in July.

In the cash forex market, the dollar's exchange rate slightly strengthened by 17 kopecks to UAH 41.44/$1-UAH 41.78/$1 in July, while the hryvnia's official exchange rate weakened by 12.5 kopecks to UAH 41.77/$1. Exchange rates on the cash and non-cash markets were quite similar in July, with the dollar costing even less on the cash market on a number of days.

At the same time, as the dollar depreciated on the world forex market, the euro's official exchange rate in Ukraine grew by around 90 kopecks to UAH 48.64/EUR1-UAH 49.09 /EUR1.

The NBU's net forex interventions increased to $3.436 billion in July 2025 from $2.963 billion in June 2025 and $3.318 billion in July 2024.