KIEV, Sept. 7 – The National Bank of Ukraine will carry out forex interventions via auctions and the foreign currency sale price at them will be fixed according to demand, according to NBU Governor Volodymyr Stelmakh.

"The principle of the auctions will be the following: the one who offers the highest price will get more currency," he said at a press conference in Kiev on Monday.

Stelmakh also added that the NBU is ready to channel about $1 billion to support the hryvnia in September.