NBU net sales this week falls to $166.1 mln

KYIV. Nov 18 (Interfax-Ukraine) – Net sales of dollars by the National Bank of Ukraine (NBU) this week fell to $166.1 million from $295.0 million a week earlier.

According to the information of the National Bank on its website, from November 14 to November 18, it purchased $16.1 million, which is slightly more than the usual volume of purchases during the war ($7-8 million), while it sold $182.2 million compared to $326.5 million a week earlier.

In the cash market, the hryvnia strengthened by about UAH 0.3 over the week, to about UAH 40.25/$1, while the spread between the bid and ask rates remains quite narrow.

In October, the volume of interventions of the National Bank amounted to $2.03 billion compared to $2.75 billion in September, $1.33 billion in August and $1.2 billion in July and remains much lower than in June ($3.96 billion) and May ($3.4 billion).

In general, from the beginning of the year to November 18 inclusive, the NBU purchased $3.227 billion and EUR 111.0 million on the market, and sold $22.427 billion and EUR1.789 billion.

Including since the beginning of the war, the purchase of foreign currency has reached $2.57 billion and EUR 111.0 million, and the sale was $19.657 billion and EUR 1.789 billion.

The international reserves of Ukraine 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.

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