This is reported by RBK-Ukraine referencing data from NBU. Reports are also made by Kontrakty.UA.
In total, for the year 2024, the NBU sold 34.822 billion dollars on the interbank market, which is 6.212 billion dollars more than in 2023.
However, in 2024, Ukraine received 41.7 billion dollars in international aid. As a result, the NBU's expenses to support the hryvnia's exchange rate are lower than the aid to Kyiv.
Dollar Exchange Rate in 2024
The cashless market is balanced through currency sales by the National Bank. The NBU responds to market conditions by raising or lowering the intervention rate. Following trading, the central bank sets the official exchange rate.
The NBU actively devalued the hryvnia until the end of July, and then maintained a relatively stable dollar exchange rate for four months. However, at the end of November, the dollar began to rise. In December, the rate increased by 1.1% - from 41.59 UAH/dollar to 42.02 UAH/dollar. Overall, for the year 2024, the dollar exchange rate rose by 10.7% to 42.03 UAH/dollar.
The rate in the cash market is entirely dependent on the interbank market. Over the year, the rate increased by 3.50 hryvnias to 42.50 UAH/dollar.
In 2023, the NBU sold 28.610 billion dollars to maintain market balance, which is 3.657 billion dollars more than in 2022. In 2023, these expenses were more than compensated for by international aid. According to the Ministry of Finance, Ukraine received 42.9 billion dollars.
In 2022, NBU sold 24.953 billion dollars on the interbank market.