The National Bank of Ukraine last week carried out currency interventions worth $783 million. The regulator continues to actively maintain balance on the interbank market, where demand for currency remains high.
The NBU explains that significant sales are associated with seasonal business payments, active imports and general pressure on the exchange rate. At the same time, the volume of foreign exchange earnings of exporters does not yet fully compensate for the needs of the market, which forces the regulator to intervene more often.
Financial analysts note that the actions of the NBU help to avoid sharp fluctuations in the exchange rate and maintain predictability for business and the population. Despite this, demand for currency remains high, and the market is sensitive to any changes in the inflow of external financing.
Let us remind you that the volume of interventions may remain significant in the future until foreign exchange earnings stabilize and export activity increases.
