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National Bank of Ukraine Explains Currency Situation
The National Bank of Ukraine (NBU) explained the situation on the currency market, noting that demand for foreign currency increased due to higher budget expenditures, particularly for defense and security, and increased purchases by the population. At the same time, the supply of currency decreased due to Russian attacks and reduced exports from Ukrainian exporters. The NBU stated that the situation remains under control and there is no deficit of foreign currency and euros in the banking system.