HomeEconomyThe National Bank strengthened...

The National Bank strengthened the Hryvnia on the first day of November

Image: Getty Images

In the interbank market, the American currency exchange rate decreased by 4 kopecks – to 41.19-41.222 UAH/dollar (buying and selling).

The National Bank of Ukraine strengthened the hryvnia exchange rate against the dollar for the second day in a row. This was confirmed by data on the regulator’s website on Thursday, October 31.

The official exchange rate on November 1 is set at the following level: 41.2194 UAH per dollar (-0.0596 UAH). In turn, the euro exchange rate rose significantly – 44.8467 UAH (+0.2117 UAH).

In the interbank market, the American currency rate decreased by 4 kopecks – at 41.19-41.222 UAH/dollar (buying and selling) compared to the previous day’s close.

In the cash market, the dollar fell by 5 kopecks to 41.50 hryvnia. In October, the cash dollar exchange rate remained almost unchanged.

We remind you that now the National Bank has kept the discount rate at 13% per annum. In the future, the regulator plans to use a regime of managed exchange rate flexibility and compensate for the structural deficit of foreign currency in the private sector, eliminating excessive exchange rate fluctuations.

It was also reported that in October the NBU sold a record amount of foreign currency in three months.

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