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The dollar and euro were stable at the exchange offices

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The average dollar exchange rate on the cash market is UAH 38.20, and the euro is worth UAH 40.60.

The dollar and euro exchange rates stabilized in the cash market after the jump caused by the NBU’s decision to move to exchange rate flexibility. RBC-Ukraine reported this with reference to market monitoring data on Friday, October 6.

This morning the average dollar rate in Ukraine did not change – 38.20 UAH, the euro rate remained unchanged – 40.60 UAH.

In exchange offices they bought a dollar for an average of 37.70 UAH, a euro for 39.90 UAH.

Thus, the rate actually returned to the level observed before the decision of the NBU.

In the interbank market today the rate is at the level of 36.57-36.61 (buying and selling).

The National Bank set a new exchange rate today based on the results of trading in the interbank foreign exchange market. The official exchange rate of the hryvnia against the dollar is 36.6216 UAH per 1 dollar (+0.0193 UAH). The euro exchange rate is 38.5406 UAH per 1 euro (+0.1118 UAH).

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, 2022 – 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 both a significant weakening of the Hryvnia and a significant strengthening. But at the moment, the American currency is gradually becoming more expensive.


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Source: korrespondent

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