The volume of NBU operations for the sale of foreign currency in the foreign exchange market of Ukraine has been declining for the fourth month. In April, the NBU sold $1,370.4 million, which is $298.5 million less than in March. This was reported by the press service of the NBU.
It is noted that such dynamics is caused primarily by industry factors (a decrease in imports of energy resources, an increase in the sale of foreign currency for the sowing campaign, a certain intensification of the work of mining and metallurgical enterprises), as well as a further restriction of inappropriate outflow of capital from Ukraine.
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It was also reported that net demand for non-cash currency decreased significantly - to $19.4 million (from $147.1 million in March). Ukrainians buy this currency in banks at a rate close to the official one (UAH 36.6 plus commission). Since the exchange rate fell to UAH 38 on the cash market in April, these transactions almost lost their meaning..