The exchange rate of the American currency has decreased by four kopecks, but has not yet reached the previous level.
The National Bank reduced the dollar to hryvnia exchange rate for the first time since the transition to exchange rate flexibility. The rate has fallen by almost 4 kopecks, but has not yet reached the previous level, according to data on the regulator’s website on Friday, October 6.
The official exchange rate of the hryvnia against the dollar on October 9 was set at 36.5827 hryvnia per 1 dollar (-0.0389 UAH).
In turn, the euro exchange rate rose slightly and reached 38.6533 hryvnia per 1 euro (+0.1127 UAH).
Meanwhile, in the interbank market today the rate fell by 2 kopecks – to 36.57-36.59 UAH/dollar (buying and selling). And in the cash market, the US currency exchange rate stabilized at 38.20 hryvnia per dollar.
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 until now, the American currency has become more expensive.
Source: korrespondent
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