You're reading: Ukraine central bank refuses to intervene in interbank FX market

The National Bank of Ukraine (NBU) did not intervene in the interbank foreign exchange market from Nov. 16 to Nov. 20, as it did a week earlier, according to data posted on the central bank’s website on Nov. 20.

According to the data, in general, since the beginning of 2020, the National Bank bought $4.55 billion into FX reserves, and sold $3.80 billion.

In March it spent $2.2 billion on supporting the hryvnia, $368.70 million in July, $197.5 million in September, while the central bank’s net purchase in April amounted to $678.8 million, in May $660.6 million, $1.155 billion in June, $460.5 million in August, and $ 208.3 million in October.