At the end of last week, the dollar exchange rate reached 43 hryvnias in exchange offices, but fell on Monday.
At the end of the week, the dollar exchange rate in the cash market decreased by approximately 1.5 Hryvnia.
If on Friday the American currency was sold at 42 hryvnias in exchange offices, then on Monday, August 1, the rate fell to 40 hryvnias.
So, the buying rate fell below 40 Hryvnia per dollar, and the selling rate fell to 40.8 Hryvnia.
By noon on Monday, the exchange rate grew a little – up to UAH 40.3 per dollar in purchases, and UAH 41.2 in sales.
At the same time, Reuters wrote that the dollar’s exchange rate against a basket of major world currencies on August 1 fell to its lowest level since early July. The dollar index eased 0.3% against its peers at 105.61 as traders trimmed their long dollar positions.
This is due to investors’ expectations of a US recession.
Recall that since July 21, when the National Bank decided to raise the official rate of the dollar by 25% to UAH 36.5, the US currency in the cash market has increased in price by about UAH 4.
On Friday, the NBU blamed exchangers for the dollar’s rise and banned them from posting scoreboards with exchange rates.
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Source: korrespondent
I am Dylan Hudson, a dedicated and experienced journalist in the news industry. I have been working for Buna Times, as an author since 2018. My expertise lies in covering sports sections of the website and providing readers with reliable information on current sporting events.