The National Bank of Ukraine (NBU) in 2017 bought nearly $2.3 billion on the interbank forex market, according to the NBU website.
At the same time, the regulator purchased over $1 billion through interventions in the form of a request for the best forex rate, the report said.
Over the period under review, the National Bank sold $1 billion on the interbank foreign exchange market, including $239 million through the interventions in the form of a request for the best rate.
Ukraine’s total international reserves as of January 1, 2018 amounted to $18.808 billion, up by 21% YoY. In 2016 the country’s foreign reserves grew by 17%, to UAH 15.539 billion ($546.2 million). (UNIAN/Business World Magazine)