KIEV, April 12 – Foreign currency supply continues to outstrip demand on Ukraine's interbank forex market in April, reads a report on the National Bank of Ukraine's Web site.

"The foreign currency supply on the interbank forex market became dominant at the beginning of April. Due to this, the NBU entered the forex market every day and had the opportunity to buy currency. On the one hand, this increased international reserves, and, on the other hand, helped to smooth out sharp fluctuations in the hryvnia exchange rate," reads the report.

The NBU supported the value of the hryvnia and bought about $510.8 million over the period of April 1 through April 9.