NBU intends to buy up to $10 mln per day at interbank market to replenish forex reserves

16:56, 25.04.2018 1 min read

 The National Bank of Ukraine (NBU) in the second quarter of 2018 intends to buy up to $10 million a day at the interbank foreign exchange market to build up international reserves.

"In order to increase the transparency of monetary policy in part of interventions in the foreign exchange market, the National Bank of Ukraine starts the quarterly announcement of the amount of foreign exchange interventions for the replenishment of international reserves. For the second quarter of 2018 this amount is set at $10 million a day," the report says.