In October the average daily net demand for foreign currency fell by 34.6 % versus September in the interbank foreign exchange market of Ukraine and by 29.5% in the cash segment of the foreign exchange market. Simultaneously, the foreign exchange earnings from non-residents exceeded payments to non-residents by USD 0.8 billion (in the equivalent).

During the month the National bank of Ukraine conducted transactions on sale and purchase of foreign exchange. In particular, the National Bank of Ukraine sold foreign exchange in order to back the payments by the National Joint-Stock Company “Naftogaz of Ukraine” under its external contracts, which ensured timely settlement of payments by the company for the imported gas with the simultaneous maintenance of the projected hryvnia exchange rate dynamics.

In October the negative balance of interventions conducted by the National Bank of Ukraine amounted to almost USD 1.5 billion, being by 24.9 % less than in September.

The volume of the international reserves shrank by USD 788.2 million to USD 34,162.3 million (in the equivalent).

During the month the market exchange rate of the hryvnia against the US dollar on cashless transactions fell by 0.14 % to UAH 8.0094  per USD 1, whereas that on cash transactions on sale of US dollars declined by 0.13 % to UAH 8.0515 per USD 1.

According to the official exchange rate in October, the hryvnia has depreciated against the US dollar by 0.05 % to UAH 7.9770 per USD 1, the euro – by 4.06 % to UAH 11.2954 per 1 EUR, the Russian ruble – by 6.67 % – to UAH 2.6681 per RUR 10.