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The dollar fell below the psychological level in the interbank market

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A month after the NBU switched to a flexible regime, the dollar exchange rate fell by almost a hryvnia.

The dollar exchange rate in the interbank foreign exchange market decreased by 6 kopecks and fell below 36 Hryvnia per dollar. This is confirmed by data from the Ukrdiling company on Tuesday, November 7.

This morning, trading in the dollar is in the range: 35.9750 – 35.9950 UAH/dollar. So, a month after the NBU switched to a flexible exchange rate regime, the dollar fell in price by almost one hryvnia.

Before this, from July 2022, the actual exchange rate in the interbank market was 36.93 UAH/dollar (the official rate was 36.57 UAH/dollar plus 1%). At this price, the NBU sold the foreign currency to the banks.

After the transition to the flexibility regime, the dollar exchange rate in the interbank market was first at 36.60, but gradually began to decline.

Meanwhile, in the cash market, the average dollar exchange rate decreased by 10 kopecks – to 37.65 hryvnia. The euro also fell by 10 kopecks to UAH 40.30. Today, exchange offices bought dollars for an average of 37.15 UAH, and euros for 39.60 UAH.

We remind you that last week the NBU reduced the sale of foreign currency in the interbank market to $563 million. That’s close to the year-to-date weekly sales average of $570 million. The downward trend in sales volume continues for two weeks.

Earlier it became known that in October Ukrainians bought a record amount of money in 10 years. In turn, the NBU sold the largest amount of dollars in the interbank market since June last year.

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Source: korrespondent

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