NBU decreases planned volumes of interventions to buy foreign currency to $20 mln a day

"By the end of the third quarter of 2020, if situation is favorable, the National Bank intends to buy up to $20 million per day in the interbank foreign exchange market to boost international reserves. The previous indicator effective from the end of 2019 was $50 million per day,” reads the statement.

The revision of the quantitative indicator is associated with a decrease in the volume of client transactions on the Ukrainian interbank foreign exchange market due to the negative impact of the coronavirus pandemic on world trade and investment activity. However, the total volume of currency sales by exporting enterprises remains enough to meet the demand from both business and citizens.

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The revision of the quantitative indicator is associated with a decrease in the volume of client transactions on the Ukrainian interbank foreign exchange market due to the negative impact of the coronavirus pandemic on world trade and investment activity. However, the total volume of currency sales by exporting enterprises remains enough to meet the demand from both business and citizens.

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