NBU lowers official hryvnia exchange rate for 3rd day in a row

The National Bank of Ukraine has lowered the official hryvnia rate for October 6-8 by 1.93 kopecks to 36.6216 UAH/USD.

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

On the previous trading day, the NBU lowered the official hryvnia rate for October 5 by 1.22 kopecks to 36.6023 UAH/USD.

Official hryvnia rate to foreign currencies:

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Official rate

GBP 1

44.4916

USD 1

36.6216

CHF 1

40.0499

JPY 10

2.4606

RUB 10

3.6676

EUR 1

38.5406

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.

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

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