The amount of net purchases by Ukrainians of foreign currency from banks in March 2013 was equivalent to $2.7 million, which was 82 times down on February 2013 ($221.6 million), the National Bank of Ukraine (NBU) has reported.
The NBU reported that individuals in March 2013 bought $1.256 billion from the banks, which is 5.9% down on the previous month.
At the same time, the public sold $1.253 billion in foreign currency to the banks, which is 12.6% up on the previous month.
In general, the total volume of transactions on the cash currency market in March 2013 stood at $2.509 billion, which was 2.5% up on February 2013.
In addition, the NBU said the volume of bank deposits by individuals in freely convertible currency in March 2013 narrowed by $195.9 million, to $22.383 billion as of April 1, 2013.
Cash market of Ukraine ($):
Sale to banks | Sale to public | Balance | Market volume | |
Jan 2012 | 1,021,200,000 | 1,577,700,000 | -556,500,000 | 2,598,900,000 |
Feb 2012 | 1,067,100,000 | 1,439,800,000 | -372,700,000 | 2,506,900,000 |
March 2012 | 1,201,500,000 | 1,745,600,000 | -544,100,000 | 2,947,100,000 |
Jan-March 2012 | 3,289,800,000 | 4,763,100,000 | -1,473,300,000 | 8,052,900,000 |
Jan 2013 | 1,063,700,000 | 1,264,300,000 | -200,600,000 | 2,328,000,000 |
Feb 2013 | 1,113,500,000 | 1,335,100,000 | -221,600,000 | 2,448,600,000 |
March 2013 | 1,253,300,000 | 1,256,000,000 | -2,700,000 | 2,509,300,000 |
Jan-March 2013 | 3,430,500,000 | 3,855,400,000 | -424,900,000 | 7,285,900,000 |
March 2012 on March 2013, % | 4.3 | -28.0 | 201.5 times smaller | -14.9 |
March 2013 on Feb 2013, % | 12.6 | -5.9 | 82.1 times smaller | 2.5 |