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The dollar’s exchange rate accelerated its decline in exchange offices

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The average selling rate of the dollar in Ukraine fell to 41.60 Hryvnia, and the euro fell to 45.30 Hryvnia.

The hryvnia exchange rate continues to grow rapidly against the dollar and euro at exchange offices. RBC-Ukraine reported this in connection with market monitoring data on Thursday, July 25.

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The average selling rate of the dollar in Ukraine fell by another 15 kopecks – to 41.60 Hryvnia, and the euro fell by 20 kopecks – to 45.30 Hryvnia.

Today, exchange offices buy dollars for an average of 41.10 UAH, and euros for 44.60 UAH.

In the interbank market, the American currency is at the level of 41.16-41.21 UAH/dollar (buying and selling) – a decrease of another 5 kopecks compared to the previous day’s close.

Last day, the National Bank reduced the dollar exchange rate against the hryvnia for the third day in a row – 41.2174 UAH (-0.0142 UAH). The euro exchange rate is 44.7044 UAH (-0.0649 UAH).

As you know, recently the dollar exchange rate regularly updated records. Overall, in July the official exchange rate of the Hryvnia decreased by 2.6%, or by UAH 1.04. And since the beginning of 2024, the dollar at the official exchange rate has become more expensive by 9.2%, or by UAH 3.49.

Last Thursday, the NBU said that further growth of the dollar threatens price stability. Therefore, the regulator is ready to take the necessary steps to ensure the stability of the foreign exchange market.

At the same time, the Cabinet of Ministers predicts a further increase in the dollar exchange rate. According to the Budget Declaration, in 2025 the average exchange rate will increase by 10% – up to 45 UAH/dollar. At the same time, the budget for 2024 includes an average exchange rate of 40.7 UAH/dollar and 42.1 UAH/dollar in December.

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Source: korrespondent

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