HomeEconomyThe hryvnia strengthened again...

The hryvnia strengthened again in the cash market

Photo: Athletistic

The exchange rate of the selling dollar fell by 5 kopecks – to UAH 38.70. The euro exchange rate decreased by 5 kopecks – to UAH 41.60.

At the beginning of the new working week, the hryvnia exchange rate on the cash market continues to strengthen. RBC-Ukraine reported this with reference to market monitoring data on Monday, May 8.

Thus, the exchange rate of the selling dollar fell by 5 kopecks to 38.70 Hryvnia per dollar. The euro exchange rate decreased by 5 kopecks to 41.60 hryvnia per euro.

In the cash market, the average dollar exchange rate is:

  • purchase – 37.10 UAH (37.15 – May 5)

  • sale – UAH 38.70 (37.75 – May 5) per dollar.

The average euro exchange rate is:

  • purchase – 40.80 UAH (40.85 – May 5),

  • sale – UAH 41.60 (41.65 – May 5) per euro.

The official fixed rate of the NBU is 36.5686 hryvnia per dollar (effective from July 21, 2022). At the same time, the euro exchange rate on May 8 was UAH 40.2602 per euro (-0.2340 hryvnia).

Recall that at the end of April, the National Bank reduced the sale of dollars from reserves by 21%. In total, 444.74 million dollars were sold.

It was also reported that the NBU is easing restrictions on the cash foreign exchange market.


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Source: korrespondent

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