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NBU lowers official hryvnia rate by 15.60 kopecks to 38.3135 UAH/USD

The National Bank of Ukraine has lowered the official hryvnia rate for March 5 by 15.60 kopecks to 38.3135 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 March 4 by 10.83 kopecks to 38.1575 UAH/USD.

Official hryvnia rate to foreign currencies:

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Official rate

GBP 1

48.5624

USD 1

38.3135

CHF 1

43.2872

JPY 10

2.5469

RUB 10

4.1989

EUR 1

41.5433

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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