The NBU has reduced currency sales from reserves, leading to a decline in the dollar exchange rate.

In January 2025, the National Bank of Ukraine sold $3.75 billion on the interbank foreign exchange market. This figure represents a 29% decrease compared to December of the previous year.

https://kontrakty.ua/article/2570392025-02-04 10:20:43

This is reported by RBK-Ukraine referencing data from NBU. It is also reported by Kontrakty.UA.

The volume of currency sales in January remained quite high compared to 2024.

In January, Ukraine received $3.1 billion in international aid - a tranche from the EU related to Russian assets. As a result, the NBU's expenses to support the hryvnia exchange rate were higher than the assistance provided to Kyiv.