Decline in Demand for Dollars and Euros in the Interbank Currency Market: NBU Data Analysis
According to data from the National Bank of Ukraine (NBU), the situation on the interbank currency market has experienced significant fluctuations over the past week.
From August 25 to August 29, the regulator recorded foreign currency sales totaling $573 million.
While this remains one of the lowest weekly figures in recent months, it shows a modest 4% increase compared to the previous week.
Since the beginning of 2025, the NBU has sold approximately $23.3 billion on the interbank market, with purchases amounting to only about $37.82 million.
Experts forecast that the demand for foreign currency will remain high until the end of 2026.
However, record volumes of external financing enable Ukraine not only to compensate for this high demand but also to increase its reserves to around $54 billion.
Additionally, Ukrainian banks are seeing a rise in profits, particularly as the new school year approaches.
Traditionally, in late August and early September, citizens actively exchange their currency at exchange offices, mainly driven by parents preparing for the upcoming academic year.
This trend is expected to continue this year, influencing the currency markets and highlighting ongoing economic adjustments.