HomeEconomyThe official dollar exchange...

The official dollar exchange rate has crossed an important milestone

Photo: NBU Press Center

In the interbank market, the American currency rate jumped by 13 kopecks – to 36.68-36.70 UAH/USD. (buying and selling).

The National Bank raised the dollar exchange rate above the fixed level, which lasted for more than a year at the level of 36.57 UAH/USD. This was confirmed by data on the regulator’s website on Tuesday, December 5.

The official dollar exchange rate for tomorrow is set at 36.6618 hryvnia per 1 dollar (+0.1235 UAH). While the euro fell in price and cost 39.6461 hryvnia per 1 euro (-0.0674 UAH).

In the interbank market, the American currency rate jumped by 13 kopecks – to 36.68-36.70 UAH/USD. (buying and selling).

At the same time, in the cash market the dollar exchange rate remained unchanged – 37.40 Hryvnia per dollar.

Let’s recall that at the beginning of October the NBU announced the transition to a flexible dollar 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 official rate is set based on the results of trading in the interbank market, which is controlled by the National Bank.

And from December 1, the National Bank removed all restrictions on the sale of cash currency to the population. After that, cash and official rates began to converge. The regulator believes this will help stabilize exchange rate expectations and increase the stability of the foreign exchange market.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now