Automatically translated version. May contain inaccuracies compared to the original.
💵🚨The NBU sold a record $6 billion in October, easing pressure on the hryvnia: budget spending is rising while exporters' foreign currency earnings lag behind demand
🏦📊In October the National Bank conducted foreign exchange interventions of $5,998 billion — the largest monthly amount on record. In just the week of 26–30 October the regulator sold $1,818 billion, 52,4% more than the previous week. The previous monthly record was $5,519 billion in September.
💰🔎Deputy Governor of the NBU Yurii Heletii explained the increase in demand for foreign currency by higher budget expenditures, while foreign currency supply from the agricultural and metallurgical sectors has fallen due to disruptions in logistics.
Subscribe: Bankova Mail
Follow us on X
Top on the site