National Bank will increase the purchase of foreign currency to replenish reserves

12 December 2019, 18:22 | Finance and Banking
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The National Bank of Ukraine (NBU) is going to increase the volume of currency purchases to replenish international reserves.

This was announced by the head of the NBU Yakov Smoly at a briefing on December 12. "

The decision of the National Bank is associated with a favorable situation in the foreign exchange market. Hryvnia for ten months in the lead in terms of strengthening against the dollar. In the second and third quarters, the NBU bought up to $ 20 million per day to replenish reserves. This is $ 5 million more compared to the quantitative indicator that has been in effect since February..

In October, the regulator said that in the fourth quarter it intends to buy up to $ 30 million per day on the interbank. It is reported by LIGABusinessInform.




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