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Posted On

02
March
2023

NBU cuts interventions to $2.4 bln in Feb

KYIV. March 2 (Interfax-Ukraine) – In February, the National Bank of Ukraine (NBU) reduced the sale of foreign currency on the market to $2.459 billion from $3.111 billion in January and $2.193 billion in December.

According to information on the website of the central bank, the volume of purchases in February remained at the level of the previous month – $28 million, it was almost the same in December – $30 million.

As reported, thanks to foreign exchange earnings from international partners, which exceeded the NBU interventions to sell foreign currency to support the fixed exchange rate, the international reserves of the National Bank in December increased by 1.9%, or by $536.4 million, and in January increased by another 5%, or by $1.4 billion, to $29.922 billion.