2023-10-11T15:58:00+03:00 Economy 2024-09-15T05:00:00+03:00

Ukrainian news

NBU raises official hryvnia rate by 6.73 kopecks to 36.4385 UAH/USD

NBU raises official hryvnia rate by 6.73 kopecks to 36.4385 UAH/USD

The National Bank of Ukraine has raised the official hryvnia rate for October 12 by 6.73 kopecks to 36.4385 UAH/USD.

The central bank has said this in a statement, Ukrainian News Agency reports.

On the previous trading day, the NBU raised the official hryvnia rate for October 11 by 4.69 kopecks to 36.5058 UAH/USD.

The NBU last lowered the official hryvnia exchange rate at the end of July 2022, and before that, at the beginning of the full-scale invasion of the aggressor country of the russian federation in Ukraine.

From October 3, 2023, the NBU introduced managed exchange rate flexibility.

Official hryvnia rate to foreign currencies:

On July 21, the NBU adjusted the official hryvnia exchange rate by 25% to 36.5686 UAH/USD.

From August 6, 2022, the NBU canceled the restriction, according to which banks and non-banking institutions had to buy cash currency from the population at a rate no lower than the official one.

The NBU allowed banks to sell more currency to the public.

Thus, from September 6, the amount of cash currency that the bank can offer to the population will include the entire amount of non-cash currency purchased by it from April 13, 2022, instead of half of it.

The National Bank has been implementing managed exchange rate flexibility since October 3.