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The dollar accelerated its decline in the cash market

Photo: RBC-Ukraine

The average cash dollar selling rate fell to 38.10 hryvnia, and the euro exchange rate fell to 41.35 hryvnia.

The hryvnia exchange rate strengthened sharply against the dollar and the euro at exchange offices on the last working day of the week. RBC-Ukraine reported this in connection with market monitoring data on Friday, February 16.

Thus, the average selling rate of the dollar decreased by 20 kopecks – to 38.10 Hryvnia, the euro exchange rate fell by 15 kopecks – to 41.35 Hryvnia.

Today, exchange offices buy dollars for an average of 37.60 hryvnia, and euros for 40.65 hryvnia.

In the interbank market, the American currency is at the level of 37.84-38.80 UAH/dollar (buying and selling) – a decrease of 2 kopecks compared to the previous day’s close.

The National Bank of Ukraine today sharply reduced the dollar exchange rate after four days of growth – to 37.9484 UAH per 1 dollar (-0.2250 UAH). In turn, the euro is worth 40.7718 UAH (-0.0966 UAH).

Let’s remember that last week the dollar was relatively stable. And the National Bank for the sixth time in a row reduced the sale of foreign currency in the interbank market – to $201 million. This is the lowest volume since the beginning of April 2023.

Why have Ukraine’s gold and foreign exchange reserves decreased?
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Source: korrespondent

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