The National Bank sold over 708 million dollars in a week.
The National Bank of Ukraine sold 708.5 million dollars on the interbank market during the week from November 25 to 29, while not buying any currency.
According to the regulator's data, the National Bank sold 590 million dollars during the same week, which is 118.5 million dollars more than the previous week. At the same Time, the central bank has not purchased any currency for the second week in a row.
In total, since the beginning of the year, the National Bank has sold nearly 29.7 billion dollars, while buying only 125.6 million dollars.
National Bank's Decision on Interest Rate
According to Economic Truth, the Board of the National Bank decided on January 25 to keep the discount rate at 15%. This decision was made to support exchange rate stability, maintain moderate inflation in 2024, and achieve a target range of 5%.
On October 2, 2023, the National Bank announced the transition from a fixed exchange rate. Starting from October 3, 2023, the official dollar exchange rate began to change for the first time since July 2022.
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