In the cash market, the exchange rate of the American currency increased by 5 kopecks and stabilized at 38.25 hryvnia per dollar.
The National Bank lowered the dollar-hryvnia exchange rate below the fixed level, which was maintained from July 2022 until the transition to the exchange rate flexibility mode. This was confirmed by data on the regulator’s website on Monday, October 9.
Thus, the official exchange rate of the hryvnia against the dollar on Tuesday was set at 36.5527 UAH per 1 dollar (-0.0300 UAH). That is, the dollar fell below the fixed exchange rate held by the NBU for more than a year – 36.5686.
In turn, the euro exchange rate on October 10 will be 38.4827 hryvnia per 1 euro (-0.1706 UAH).
In the interbank market today, the American currency exchange rate decreased by 4 kopecks – to 36.53-36.55 UAH/dollar (buying and selling).
In the cash market, the exchange rate of the American currency increased by 5 kopecks and stabilized at 38.25 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 to the dollar – first 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. Last Friday, October 6, the dollar fell for the first time since the introduction of a flexible exchange rate.
Source: korrespondent
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