During the period from March 3 to 7, 2025, the National Bank of Ukraine purchased foreign currency on the domestic market in the amount of 10 million US dollars equivalent. By data regulator, this volume became a record for this year, which indicates the increased participation of the regulator in the foreign exchange market. At the same time, the volume of currency sales during the same period amounted to 514 million dollars.
It is worth noting that in total, from the beginning of 2025, the National Bank purchased only 16 million US dollars, while the volume of currency sales during this period reached almost 7 billion dollars. Such a significant imbalance between buying and selling is explained by the need to maintain the stability of the hryvnia exchange rate in conditions of fluctuations in the foreign exchange market. Selling large volumes of currency allows you to avoid sharp jumps in the exchange rate and provide predictability for market participants.
Regulatory measures of the National Bank are aimed at ensuring control over the foreign exchange market and preventing possible speculations that could cause devaluation of the national currency. Such a policy is important for stabilizing the financial environment, maintaining investor confidence, and ensuring the country’s economic stability.
In addition, from January 1, 2025, the official exchange rate of the hryvnia against the US dollar strengthened by 73 kopecks. This indicates positive trends in the foreign exchange market, which may be a consequence of both the actions of the National Bank and the general improvement of the economic situation in the country. The strengthening of the hryvnia also has a positive effect on inflationary expectations, reducing pressure on consumer prices and contributing to financial stability.
Thus, the actions of the National Bank on the purchase and sale of currency are of strategic importance for maintaining macroeconomic balance. The regulator continues to closely monitor the market situation and respond promptly to any changes to ensure stability and predictability for businesses and citizens.
