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The exchange rate of the hryvnia against the dollar strengthened in exchange offices

Photo: RBC-Ukraine

The average cash dollar exchange rate fell to UAH 37.65, and the euro exchange rate rose to UAH 40.90.

The hryvnia exchange rate continued to rise against the dollar in the cash market. The difference in the interbank exchange rate decreased to 60 kopecks, RBC-Ukraine reported on Thursday, December 14.

So, the average dollar exchange rate decreased by 5 kopecks – to 37.65 UAH, the euro rate immediately increased by 20 kopecks – to 40.90 UAH.

This morning, exchange offices are buying dollars for an average of 37.15 Hryvnia, and euros for 40.20 Hryvnia.

In the interbank market, the American currency is at the level of 37.02 -37.04 (buying and selling) – a decrease of 1 kopeck compared to the previous day’s close.

In turn, yesterday the National Bank raised the dollar exchange rate above 37 hryvnia for the first time in history. Today’s official exchange rate is set at 37.0245 UAH (+0.0384 UAH). The euro exchange rate is 39.9217 hryvnias per 1 euro (+0.0159 UAH).

As you know, on October 2, the National Bank announced a regime of managed exchange rate flexibility. Before this, since the beginning of the war, the regulator maintained a fixed exchange rate of the hryvnia against the dollar – first 29.25 UAH/dollar, and from July 21, 2022 – 36.57 UAH/dollar. However, unlike the official dollar exchange rate, it was significantly higher last year – there was a period when it reached 43 hryvnia.

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.


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Source: korrespondent

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