2024-05-01T18:35:00+03:00 Economy 2024-05-17T04:03:04+03:00

Ukrainian news

Ukrainian news

NBU lowers official hryvnia rate by 12.19 kopecks to 39.6370 UAH/USD

NBU lowers official hryvnia rate by 12.19 kopecks to 39.6370 UAH/USD

The National Bank of Ukraine has lowered the official hryvnia rate for May 2 by 12.19 kopecks to 39.6370 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 May 1 by 15.37 kopecks to 39.5151 UAH/USD.

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.                                

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