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NBU lowers official hryvnia for the first time since July 2022

The National Bank of Ukraine has lowered the official hryvnia rate for October 4 by 2.15 kopecks to 36.5901 UAH/USD.

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

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

On the previous trading day, the NBU retained the official hryvnia rate for October 3 at 36.5686 UAH/USD.

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Official hryvnia rate to foreign currencies:

 

Official rate

GBP 1

44.1569

USD 1

36.5901

CHF 1

39.6727

JPY 10

2.4398

RUB 10

3.6802

EUR 1

38.3263

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.

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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.

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