The regulator’s next step is to set the official exchange rate for October 4. It will not differ significantly from the reference course.
The National Bank published the reference value of the hryvnia to the dollar exchange rate based on the results of trading in the interbank foreign exchange market on Tuesday, October 3.
The indicator is 36.5744 UAH/dollar and hardly differs from the fixed rate implemented since July last year – 36.5686 UAH/dollar.
The regulator’s next step is to set the official exchange rate for October 4. It will not differ significantly from the reference course.
As is known, from October 3, the National Bank introduced a regime of managed flexibility of the exchange rate. Before this, since the beginning of the war, the regulator maintained a fixed exchange rate of the hryvnia against the dollar, initially 29.25 UAH/dollar, and from July 21, 2023 – 36.57 UAH/dollar.
Now the banks will sell and buy money at a free rate without the limit of 1% of the official rate that has been in force since the beginning of the war. Taking into account the exchange rate in the interbank market, the NBU will set the official rate. However, the regulator promised to significantly limit changes in the exchange rate, preventing either a significant weakening of the Hryvnia or a significant strengthening.
Meanwhile, the dollar jumped in price on the cash market after the NBU’s decision.
Source: korrespondent
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