Exchange rate: NBU reacted to the deteriorating situation in the foreign exchange market

13 May 2023, 12:06 | Economy 
фото с Зеркало недели

The National Bank (NBU) bought $16.47 million on the interbank foreign exchange market over the past week - from May 8 to May 12, but sold $552.21 million. Consequently, the negative balance amounted to $535.74 million, according to the NBU data..

Thus, the Central Bank increased the sale of foreign currency by 2.1 times. Since last week he sold 258.83 million. dollars.

In total, since the beginning of the year, the NBU has bought 97.32 million. dollars and sold 9,444.38 million. dollars. The negative balance of interventions amounted to $9,347.05 million.

As you know, so far the NBU sees no reason to change the official exchange rate of 36.6 hryvnia, at which the central bank buys and sells currency on the interbank market..

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It was reported that the majority of members of the Monetary Policy Committee were in favor of maintaining the discount rate at 25% in April, but believe that the NBU may cut the discount rate to 21% in the fourth quarter.

Источник: Зеркало недели