By KYIV. Dec 1 (Interfax-Ukraine) – In November, the National Bank of Ukraine (NBU) reduced the sale of foreign currency on the market to $1.633 billion from $2.08 billion in October and $2.792 billion in September, according to the website of the central bank.
According to its data, the volume of purchases increased slightly compared to the previous month – from $48 million to $64 million.
As a result, according to the NBU, its net foreign exchange (FX) intervention last month fell to $1.569 billion from $2.032 billion in October and $2.753 billion in September.
The November figure is higher than in August and July – $1.33 billion and $1.195 billion, respectively, but then the statistics of interventions, as market participants noted, was distorted by the crediting of part of the official external financing to the accounts of the State Treasury in Ukreximbank.
In June, net foreign exchange interventions amounted to $3.956 billion, in May – $3.354 billion, in April – $2.203 billion and in March – $1.776 billion.
In general, over 11 months of this year, the NBU purchased on the market (in US dollar terms) $3.362 billion, and sold – $25.151 billion, resulting in net interventions amounting to $21.789 billion.
Ukraine’s international reserves as of November 1, 2022, according to the NBU, amounted to $25.244 billion (in equivalent), which is 5.5% more than at the beginning of October.
