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NBU lowers official hryvnia rate by 29.54 kopecks to 38.7878 UAH/USD

The National Bank of Ukraine has lowered the official hryvnia rate for March 14 by 29.54 kopecks to 38.7878 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 13 by 10.99 kopecks to 38.4924 UAH/USD.

Official hryvnia rate to foreign currencies:

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Official rate

GBP 1

49.6445

USD 1

38.7878

CHF 1

44.2026

JPY 10

2.6215

RUB 10

4.2287

EUR 1

42.4183

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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