NBM Sold US 90 mln at Currency Market in October 2008
OREANDA-NEWS. November 20, 2008. NBM has started to sell dollars since September. Before this, in 2008 and 2007 NBM did not sell currency at the inter-bank market.
So, in September the sum of sold USD has made US37,137 million, and increased by 2,43 times in October. At the same time, in October, 2008 NBM’ s purchases at the currency market made US17,53 million, decreasing by US 39,82 million or three times as less than the last month.
According to NBM, for 10 months of 2007 amount of purchases of the National bank at the currency market made US 243,87 million. In 2007 NBM has purchased US 367,3 million.
Thus, in January, 2008 the cost of NBM transactions on currency acquisition has made US 11 million, in February, 2008 – US 9,7 million, in March, 2008 – US 23,1 million, in April, 2008 – US 17,1 million, in May, 2008 – US 448,1 thousand, in June, 2008 – US 47,7 million, in July, 2008 – US 81,1 million, in August- US 283,5 million, in September – US 56,95 million.
The share of NBM’ s transactions at the currency market has made: in January – 2,36 %, February – 1,69 %, March – 3,58 %, April – 2,02 %, May – 0,05 %, June – 4,52 %, July – 7,22 %, August – 12,1 %, September – 11,34 % and October – 13,69 %.
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