HomeEconomyThe hryvnia has fallen...

The hryvnia has fallen to a new historic low

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In the interbank market, the American currency slowed to 6 kopecks – 40.47-40.49 UAH/dollar (buying and selling).

The official exchange rate of the hryvnia updated its historical record against the dollar for the seventh consecutive time. However, the rate of decline has slowed. This is confirmed by the data on the website of the National Bank on Wednesday, May 29.

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The official dollar exchange rate for tomorrow is set at UAH 40.4832 (+0.0874 UAH). The dollar has been steadily increasing in price since May 20 and during this time it has grown by UAH 1.08.

In this regard, the exchange rate of the euro also increased slightly and will be UAH 43.9202 (-0.0506 UAH). It’s also a new all-time high.

In the interbank market, the American currency slowed down by 6 kopecks – 40.47-40.49 UAH/dollar (buying and selling) compared to the previous day’s close.

In the cash market, the dollar rose by 35 kopecks to 41.10 UAH/dollar.

Earlier, the NBU explained the increase in the dollar exchange rate by the continuation of international aid to Ukraine. This influenced the increase in budget expenditures.

And the Verkhovna Rada believes that the decrease in the hryvnia corresponds to the planned indicators included in the state budget of Ukraine.

Meanwhile, participants in the financial market believe that the main reason for the devaluation of the Hryvnia is the political decision of the NBU, whose time has come.

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Source: korrespondent

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