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The National Bank allowed the exchangers to set any exchange rate for the purchase of foreign currency

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Previously, the cash currency purchase rate had to be at least the official rate, which was UAH 36.57/USD.

Ukrainian banks and non-bank exchangers can now set any rate for buying money from the population. It was found out on Monday, August 8.

“Authorized institutions carry out the purchase and sale of foreign currency in cash at the rate set by the authorized institution,” – stated in the regulation of the regulator No. 172 of August 5.

Thus, the NBU allowed banks and exchangers to set the exchange rate at the counter without restrictions. Before this, the minimum redemption rate must not be lower than the official one. From the beginning of the war, it was 29.25 UAH / USD, and since the end of July – 36.57 UAH / USD.

Last Friday, it was learned that the National Bank closed more than 600 currency exchange offices following 40 inspections of structural units of 15 non-banking financial institutions. This is 15% of the entire market in the country.

As you know, at the end of July, the NBU accused exchangers of hryvnia devaluation. Now all transactions must be recorded on video, and information about courses is prohibited from being displayed on the scoreboard. As a result, the dollar’s cash exchange rate began to decline.

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Source: korrespondent

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