NBU has already spent $15 billion to maintain the exchange rate
Taking into account the receipt of international assistance, the National Bank manages to keep the volume of international reserves at a sufficient level.
This was reported by the press service of the NBU on Facebook.
To maintain exchange rate stability, the NBU is forced to carry out massive interventions to sell foreign currency on the market. In general, since the beginning of the war, the net sale of foreign currency by the National Bank is already approaching $15 billion, and together with the sale of foreign currency on the market by the Ministry of Finance, to $18 billion,” the press service quotes Deputy Head of the National Bank Sergei Nikolaychuk.
At the same time, taking into account the receipt of international assistance, the National Bank manages to keep the volume of international reserves at a sufficient level.
The National Bank also expects further funds from international partners. In particular, it is planned to receive 8 billion euros from the EU, as well as a high probability of receiving the second tranche under the IMF rapid financing program in the amount of $1.4 billion and a positive decision by the US Congress to allocate an additional $4.5 billion this year.