NBU net FX sales in third week of abandoning fixed exchange rate grow to $735 mln

KYIV. Oct 23 (Interfax-Ukraine) – Net sales of U.S. dollars by the National Bank of Ukraine (NBU) in the third week of October, after switching from a fixed exchange rate regime to a managed flexibility regime on October 3, increased to $735.3 million from $575.0 million in the second week.

According to data on the central bank’s website, sales were almost absent this week, amounting to just $0.14 million.

According to the results of the week, the hryvnia exchange rate on the interbank market fell by 0.6%, or 22 kopiikas, to UAH 36.6118 /$1, while from the end of July 2022 until October 3, the National Bank maintained the official rate of UAH 36.5686/$1.

In exchange offices over the week, on the contrary, the U.S. dollar fell in price by about 5 kopiikas, to the level of UAH 38.02/$1, although on the day of the regime change the rate reached UAH 38.30/$1.

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