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16:52
CENTRAL BANK SELLS $100.207 M ON CASH FOREX MARKET TUESDAY

Kyiv, July 28 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) on Tuesday sold $100.207 million on the cash forex market to support the hryvnia, Valeriy Lytvytsky, the head of the group of advisors to the NBU governor, told Interfax-Ukraine on Tuesday.

"The cash market is in the NBU's focus. Additional measures of both market-oriented and regulatory character will be taken [to stabilize the situation]," he said.

As was reported, the NBU gave up a forex intervention on Monday. A forex auction is scheduled for Wednesday: the NBU is to sell the U.S. dollar at a reduced rate to support individual borrowers.

According to Lytvytsky, the amount of the NBU's forex interventions on Tuesday exceeded the amount of market operations with that currency on the interbank market. The average forex rate on all real deals on Tuesday was about UAH 7.8 per U.S. dollar (including NBU forex sales at UAH 7.75 per U.S dollar), whereas on Monday it was UAH 7.82 per U.S. dollar.

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