KYIV, Aug 17 – The National Bank of Ukraine has sold $526.6 million on the interbank forex market from July 30 to prop up the hryvnia.

In particular, it sold $215 million this year and is ready for further interventions to prevent considerable forex rate fluctuations, the regulator said on its website.

"The supply of foreign currency from the main export industries (mining, metallurgical and agro-industrial complexes) remains at a fairly high level, which indicates that there are no fundamental reasons for depreciating the hryvnia. At present, there is an increase in demand for foreign currency on the interbank forex market due to seasonal, situational and psychological factors, "the report says.