In April, the NBU was not selling nor buying the currency on the interbank market

15 May 2014 13:26  669576 070417
In April, the NBU was not selling nor buying the currency on the interbank market

In April, the National Bank of Ukraine was not selling nor buying the currency on the interbank market.

This was reported by the UNIAN citing the regulator.

Thus, since the beginning of the year, in January and April, the balance of interventions has remained negative and amounts to 3.411 billion dollars, which is 3.3 times more that also negative balance of interventions in the same period last year.

Recall that in January-February 2014, the National Bank spent 3.637 billion dollars of foreign reserves to support the hryvnia, and after the transition to a flexible exchange rate in the foreign exchange market in February, stopped the intervention.

As reported, in March, the National Bank was not selling the currency on the interbank market, while the volume of purchases of foreign currency amounted to 52.3 million dollars.

As of May 1, 2014, foreign exchange reserves of the National Bank amounted to 14.226 billion dollars, but as a result of receiving a tranche from the International Monetary Fund in the amount of 3.2 billion dollars, on May 8 it rose to 17.3 billion dollars.

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