Ukrainians have started to sell cash more actively: how currency exchangers reacted.


Last week's exchange rate
The dollar exchange rate against the hryvnia remained stable, with only slight fluctuations observed in the currency market. Financial analyst Andriy Shevchishin noted that it was very quiet in the interbank market, with fluctuations of no more than 5 kopecks and a narrow spread.
The average daily balance in the market grew to a three-week maximum of $84 million. The supply of currency decreased by almost 15%, while demand remained stable, which may be related to the holding of currency due to currency liberalization.
Ukraine's currency market
The activity of the population in the cashless currency market has significantly decreased, with both buying and selling volumes shrinking. However, in general, the population sells more than it buys, with an average daily balance in favor of selling amounting to $4.5 million. The cash market also saw an increase in currency sales.
The volume of foreign exchange interventions by the National Bank decreased by 18% to $618.4 million. The cashless dollar rate remained stable, while the euro experienced an increase. In the cash market, the dollar slightly decreased, while the euro increased.
Read also
- Zelensky announced mass production of the ballistic 'Sapsan'
- ISW evaluates how the conflict in the Middle East will influence the war in Ukraine
- Drivers are not sacred cows: Popenko proposed a Chinese approach instead of fines
- Veteran or combat participant: who receives more benefits and what is the difference between statuses
- Ukrainians were told how to obtain insurance experience by caring for relatives with disabilities
- The Economist named Putin's next target