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The hryvnia exchange rate continues to grow in the cash market

Photo: RBC-Ukraine

The dollar exchange rate falls in the cash market after the NBU’s decision to ease restrictions on the sale of non-cash money to the population.

The hryvnia exchange rate has accelerated growth against the dollar and euro in exchange offices. RBC-Ukraine reported this with reference to market monitoring data on Tuesday, August 29.

So, on August 29, the average dollar rate in Ukraine decreased by 20 kopecks – to 38.20 Hryvnia, the euro exchange rate fell by 15 kopecks – to 41.60 Hryvnia.

Today, in exchange offices, the dollar is bought at an average of 37.70 Hryvnia, and the euro – at 40.90 Hryvnia.

The official fixed dollar exchange rate of the NBU has not changed since July 21 last year – 36.5686 Hryvnia per dollar. The official exchange rate of the euro increased slightly on August 29 and is now at UAH 39.516 per euro (+0.0109 UAH).

Recall that in 10 days the dollar increased by about 1 Hryvnia – to the level of 38.60 Hryvnia, but at the end of last week the rate decreased.

And the day before, the National Bank eased restrictions on the sale of non-cash currencies by banks to the population. This could lead to further depreciation of the dollar in the cash market.


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Source: korrespondent

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