NBU ups official hryvnia rate by 21.72 kopecks to 38.2077 UAH/USD

The National Bank of Ukraine has raised the official hryvnia rate for February 29 by 21.72 kopecks to 38.2077 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 February 28 by 8.88 kopecks to 38.4249 UAH/USD.

Official hryvnia rate to foreign currencies:

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Official rate

GBP 1

48.2621

USD 1

38.2077

CHF 1

43.3784

JPY 10

2.5352

RUB 10

4.1607

EUR 1

41.2968

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.

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

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