(according to preliminary data)

In December 2011, the foreign exchange earnings from non-residents exceeded payments to non-residents by USD 2.7 billion, which contributed to a 20% decrease in the average daily demand for foreign exchange and resulted in the NBU intervention surplus, which totaled USD 169.6 million.

In December 2011, the volume of international reserves shrank by 1.9 % to USD 31.8 billion (in the equivalent). Apart from interventions, its dynamics was impacted by payments under external obligations of the Government of Ukraine, allocation of US dollar-denominated T-bills and formation of the negative exchange rate difference.

In December, the market exchange rate of the hryvnia against the US dollar on cashless transactions declined by 0.15 % to UAH 8.0284 per USD 1, whereas that on cash transactions on sale of US dollars decreased by 0.16 % to UAH 8.0660 per USD 1.

In December, the official UAH/USD exchange rate remained almost unchanged (UAH 7.9898 per USD 1). The hryvnia has firmed pursuant to the official exchange rate against the euro and Russian ruble by 3.35 % (to UAH 10.2981 per EUR 1) and by 2.18 % (to UAH 2.4953 per RUR 10) respectively.