The interventions of the National Bank of Ukraine (NBU) on the interbank market last week jumped to a record high for this and last year – $1 billion 417.4 million, the second highest figure for the period of Russia’s full-scale invasion of Ukraine after $1 billion 424.1 million in May 2022, according to the regulator’s statistics.
According to it, the central bank increased the sale of foreign currency by 31.8% compared to the previous week – to $1 billion 417.6 million. At the same time, purchases remained at a meager level, but increased twice in a week – to $0.2 million.
In total, since the beginning of 2024, the volume of currency sold by the regulator amounted to $32 billion 942.6 million, and purchased – $126 million. During the same period in 2023, the NBU sold foreign currency for $27 billion 937.1 million, bought back $218.9 million.
According to the data that the central bank managed to publish during this time, the negative balance between the volume of purchases of currency by the population and the volume of its sales narrowed from $50.92 million to $48.52 million.
The official hryvnia exchange rate over the week decreased by 27 kopecks – 41.8761 UAH/$1, while the cash exchange rate weakened by 32 kopecks during purchases – to 42.25 UAH/$1 and by 37 kopecks during sales – to 42.33 UAH/$1.
Over the past month, the official hryvnia exchange rate decreased by 0.9%, or 37 kopecks.
In general, since the beginning of 2024, the dollar has appreciated by 10.2%, or by UAH 3.87, at the official exchange rate, and since the National Bank switched to the managed flexibility regime on October 3, 2023, by 14.5%, or by UAH 5.30.
As reported, Ukraine’s international reserves in November 2024 increased by $3.344 billion, or by 9.1%, and as of December 1, according to preliminary data from the central bank, amounted to $39.925 billion, while net international reserves (NIR) increased by $3.5 billion, or by 15.6%, to $25 billion 939 million.
