The amount of net purchases by Ukrainians of foreign currency from banks in April 2012 was equivalent to $209.2 million, which was 2.6 times down on March 2012, according to the National Bank of Ukraine (NBU).
The NBU reported that individuals bought $1.505 billion from banks, which is 14% down on March 2012.
At the same time, the public sold $1.296 billion in foreign currency to the banks, which is 7.9% up from March.
In general, the total volume of transactions on the cash currency market in the fourth month of the year stood at $2.801 billion, which was 5% down on March 2012.
In addition, the NBU said the volume of bank deposits by individuals in freely convertible currency in April rose by $101.3 million, to $19.264 billion as of May 1, 2012.
Ukraine’s cash foreign currency market in April 2012:
| Sales to banks | Sales to public | Balance | Market volume | Increase in deposits | |
| January | 1,021,200,000 | 1,577,700,000 | – 556,500,000 | 2,598,900,000 | 377,100,000 |
| February | 1,067,100,000 | 1,439,800,000 | – 372,700,000 | 2,506,900,000 | 288,300,000 |
| March | 1,201,500,000 | 1,745,600,000 | – 544,100,000 | 2,947,100,000 | 52,300,000 |
| April | 1,296,000,000 | 1,505,200,000 | – 209,200,000 | 2,801,200,000 | 101,300,000 |
| Change to March, % | 7.87 | – 13.77 | – 61.55 | – 4.95 | 93.69 |
©Source: NBU
