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exchange rate

NBU reduced hryvnia exchange rate to the lowest level since April 16

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NBU reduced hryvnia exchange rate to the lowest level since April 16
Photo: PHL

The National Bank of Ukraine decreased the official hryvnia exchange rate against dollar by UAH 0.6 to UAH 12.36/ US $1.

This is the lowest indicator since April 16 the current year.

In addition, the NBU decreased hryvnia to euro exchange rate to UAH 16.53/ EU 1, rouble – to UAH 0.345/ RUB 1.

As Capital reported, since April 4 the NBU has introduced new rules for conversion of foreign currency rates, according to which official hryvnia to dollar rate will be converted as the weighted average of sellers and buyers registered in the current working day, in accordance with the system data of agreement confirmation on the interbank market.

The adjustment of the official exchange rate with regard to the market situation corresponds to one of the key demands of the IMF.

On August 5 the NBU decreased official hryvnia to dollar exchange rate by UAH 0.11 to UAH 12.2976/ US $1.

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