By KYIV. May 4 (Interfax-Ukraine) – The volume of purchases of foreign currency by the population of Ukraine in April 2023 exceeded the volume of its sale by $224.4 million compared to $424.4 million in March and $531.9 million in February, this figure has been decreasing for the third month in a row after six months of continuous growth, said the National Bank of Ukraine (NBU).
According to the information on his website, the “net” purchase is again almost completely formed in the cash market, while in January-February the main contribution was made by the non-cash market.
The strengthening of the hryvnia exchange rate in the cash market by UAH 2.5 in February-March and keeping it within the limits of UAH 38/$1 at the official rate of UAH 36.57/$1 sharply reduced interest in buying non-cash currency by placing it on deposit for at least three months. As a result, in April, the volume of purchases of non-cash currency fell to $163.2 million from $300.4 million in March, $462.1 million in February and a maximum of $523.9 million in January.
The volume of sales of non-cash currency by the population also decreased last month, but slightly – to $143.7 million from $153.3 million in March.
As for cash currency, its purchase and sale also decreased compared to March: purchase – from $1.518 billion to $1.400 billion, sale – from $1.237 billion to $1.195 billion.
In accordance with these data from the NBU, the turnover on the official foreign exchange market in April decreased to $2.6 billion, which is almost 20 times higher than in April 2022.
