Sale of NBU currency for January: the reserves lost again, but the record is not surpassed

01 February 2025, 17:30 | Economy
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In January of the New Year, the National Bank sold currencies for $ 3.7 billion. This is a fairly large volume, although the record was set in the previous month ($ 5.2 billion). This is evidenced by NBU data.

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Bankers explained that this winter Ukrainian banks were faced with a significant shortage of dollar banknotes due to the growth of demand, which in turn provoked an increase in the exchange rate.



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It was reported that, according to NBU forecasts, the trend of high inflation and price growth will remain in the first half of 2025. Among other things, this will affect the exchange rate. However, the devaluation of the hryvnia should not exceed 10%. In particular, at the end of next year, Raiffeisen Bank is predicted by a dollar of 45.5 UAH, in Concorde Capital - at 46 UAH, in the Kyiv School of Economics - 46.5 UAH each, in the ICU group - 46.2 UAH each in the group.




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