The Central Bank allowed banks not to limit their rates for the sale of cash currency, the foreign exchange market began to stabilize.
After the decision of the National Bank to lift some restrictions on the foreign exchange market, the dollar exchange rate in exchange offices fell by 2.5-3 hryvnias – from 38 to 35.5 hryvnias.
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From May 21, the NBU allowed banks not to limit their rates for the sale of cash currency, and also removed restrictions on the rate at which banks debit hryvnia funds from cards for non-cash payments or to withdraw funds from overseas cards.
After that, the cash dollar first rose to 38 hryvnia, and on June 1 fell to 35 hryvnia.
At the same time, the official exchange rate against the dollar remains fixed at UAH 29.25.
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Source: korrespondent

I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.