Exchange rate: National Bank slightly increased hryvnia support

02 July 2022, 12:01 | Economy
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The volume of sale of foreign currency by the National Bank from June 27 to July 1 increased to $985.55 million from $933.02 million a week earlier. This is stated in the message on the website of the regulator..

It is noted that last week the NBU acquired $6 million, which is in the range of volumes of the last seven weeks (from $5.5 to $8.3 million)..

That is, the net sale of foreign currency amounted to $ 979.55 million - this is the third largest volume of weekly interventions since the beginning of the war..

This should curb the growth of the dollar against the hryvnia. In addition, Western countries have finally increased funding for the Ukrainian budget.. It also holds the course.

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It was reported that the exchange rate of the US dollar against the hryvnia this summer will be stable and not subject to significant fluctuations, despite the Russian war in Ukraine. " And this year, the demand for the currency, which in previous years went on vacation abroad, is also declining,"

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