2023-12-01T16:42:00+02:00 Economy 2024-09-15T04:53:41+03:00

Ukrainian news

NBU lowers official hryvnia rate by 10.71 kopecks to 36.4606 UAH/USD

NBU lowers official hryvnia rate by 10.71 kopecks to 36.4606 UAH/USD

The National Bank of Ukraine has lowered the official hryvnia rate for December 4 by 10.71 kopecks to 36.4606 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 December 1-3 by 2.17 kopecks to 36.3535 UAH/USD.

Before the beginning of October 2023, 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.

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.