NBU sales USD 63.7 mln of foreign exchange reserves

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Photo/National Bank of Ukraine

At today’s currency auction, the National Bank of Ukraine intended to sell up to USD 200 million to smooth out excessive fluctuations. However, it managed to sell USD 63.7 million of foreign exchange reserves, according to the results of the currency auction.

The National Bank satisfied 21 applications out of 38 receiced in the amount of USD 63.7 million (out from USD 98.1 million). The exchange rate on the interbank market exceeded UAH 26 per 1 US dollar.

Hryvnia forex rate started to drop on March 9 after the collapse of oil prices due to the collapse of the OPEC deal with the Russian Federation.

As The Journalist reported, NBU set official forex rate to UAH 25,86 to dollar for March 13.

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