Last week, the National Bank of Ukraine (NBU) increased its interventions in the interbank market by $36.9 million (or 3.1%) to $1.2318 billion, according to statistics on the regulator’s website. Data from the National Bank shows that during the first four days of the week, the average daily net outflow of foreign currency resulting from corporate buy-sell transactions remained virtually unchanged at $163.1 million, totaling $652.4 million for the period.
In the retail foreign exchange market, the average daily net outflow rose to $45.1 million, up from $40.8 million during the same period the previous week; notably, the volume of cashless foreign currency purchased by the public exceeded sales on every day of the week.
The official hryvnia-to-dollar exchange rate, which began the week at 44.5483 UAH/$1, weakened to 44.6648 UAH/$1 by the end of the week.
The weakening of the hryvnia was less pronounced in the cash market: the dollar buying rate rose by 5 kopiykas over the week to 44.48 UAH/$1, while the selling rate increased by 3 kopiykas to 44.88 UAH/$1.
