The National Bank of Ukraine sold more than $1 billion in a week to curb the fall of the hryvnia
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- The National Bank of Ukraine sold more than $1 billion in a week to curb the fall of the hryvnia
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During the week, the National Bank of Ukraine sold more than $1 billion of its gold and foreign exchange reserves to curb the depreciation of the hryvnia. This was announced on March 14 by the Ukrainian portal "Ministry of Finance".
"The National Bank of Ukraine sold more than a billion dollars on the interbank market in just one week, trying to smooth out exchange rate fluctuations," the publication says.
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