The National Bank of Ukraine announced the foreign currency sale auction, the regulator reports.
Reportedly, the volume of auction is up to 100 mln dollars.
“It seems that there is a serious intention not to let the exchange rate go too high before the arrival of IMF mission and the positive decision of the fund”, - ICU’s analyst Mikhail Demkiv noted, commenting on holding auctions by the National Bank.
“Last week, the regulator sold 160 mln dollars, while the market volume is 1,077 mln dollars; it turns out that each seventh dollar sold was received from the reserves”, he added.
