As reported, on December 26, the National Bank made a purchase of $ 700 million to avoid hryvnia rate increase.
In general, the National Bank announced an auction for the purchase of foreign currency in the amount of up to $ 1 billion, due to the risks of excessive hryvnia fluctuations in the direction of strengthening and limited market opportunities for self-balance.
Earlier an agreement was reached on cooperation between Ukraine and the IMF on a new lending program. President of Ukraine Volodymyr Zelensky and Managing Director of the International Monetary Fund Kristalina Georgieva discussed this during a telephone conversation.
Kristalina Georgieva confirmed the agreement on cooperation with Ukraine on a new program worth 4 billion SDR (Special Drawing Rights), or about $ 5.5 billion, the press service of the Fund said.
As we reported, the mission of the International Monetary Fund intends to continue discussions on a new lending program for Ukraine.