NBU net FX sales in fifth week of abandoning fixed exchange rate fall to $562.8 mln

KYIV. Nov 6 (Interfax-Ukraine) – Net sales of U.S. dollars by the National Bank of Ukraine (NBU) in the fifth week after the transition from October 3 from a fixed exchange rate regime to a managed flexibility regime decreased to $562.8 million from $675.2 million in the fourth week.

According to data on the central bank’s website, its foreign currency purchases this week remained paltry – $0.65 million.

As a result of the week, the hryvnia exchange rate on the interbank market strengthened again – by 0.66%, or 24.2 kopecks, to UAH 36.2659/$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, the U.S. dollar fell in price by about 21 kopecks, to UAH 37.70 /$1.

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