NBU canceled the ban for purchase of foreign currency by banks on behalf of clients on 26-27 of February

26 February 2015 08:53  2092897 093875
NBU canceled the ban for purchase of foreign currency by banks on behalf of clients on 26-27 of February

The National Bank eased the restrictions on the foreign exchange market imposed on Wednesday by the Resolution №130 and abolished the ban for purchase of foreign currency by authorized banks on behalf of clients on 26 and 27 of February.

The appropriate amendments to the Resolution №130 dd. February 24 were made by the NBU Resolution №131 dd. February 25, which takes effect on February 26. 

Thus, on Thursday, the demand for the currency will be back on the interbank market. On Wednesday, due to a sharp fall in demand and the rule on mandatory sale of 75% of foreign exchange earnings, the NBU bought on the market about 80 million dollars at the official rate of 28.046032 hryvnia per dollar.

The head of the NBU Valeria Gontareva stated that these funds would be used to intervene in the coming days when the demand returns to the market.

As reported, earlier the NBU, due to the collapse of the hryvnia, prohibited banks to buy foreign currency on behalf of clients (including under the applications that were submitted by February 25) from February 25 to February 27, 2015, inclusive.

Interfax-Ukraine

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