Facebook Pinterest Tumblr
  • News
  • World
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Healthcare
  • More
    • Lifestyle
    • Opinion
    • Automobiles
    • Markets
    • Economy
Search
Buna Times
Buna Times
  • News
  • World
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Healthcare
  • More
    • Lifestyle
    • Opinion
    • Automobiles
    • Markets
    • Economy
HomeWorldThe National Bank plans...
October 16, 2024

The National Bank plans to abandon the calculation of the official exchange rate of the hryvnia to the Russian ruble

By David
Facebook
Twitter
Pinterest
WhatsApp


    The National Bank of Ukraine proposes for public discussion a draft of new approaches to calculations and publication of foreign exchange market indicators.

    .

    The National Bank plans to abandon the calculation of the official exchange rate of the hryvnia to the Russian ruble, as well as some other currencies: the Belarusian ruble, the Iranian rial.

    The regulator is going to create one daily basket, which will include currencies of the first group of the classifier and the country’s currencies that provide at least 95% of trade turnover with Ukraine.

    This means that only 44 currencies will remain in the basket.

    The project provides for the introduction of a new benchmark of the foreign exchange market – a reference value of the hryvnia to euro exchange rate as of 12.00.

    Its relevance is due to the growing weight of transactions in euros on the Ukrainian foreign exchange market. The new benchmark was developed at the request of market participants in collaboration with an international technical assistance expert. It is proposed to calculate it daily by multiplying the reference exchange rate of the hryvnia to the US dollar as of 12 noon and the average value of BFIX dollar/euro quotes, calculated from 10.30 to 1200, the National Bank said in a statement.

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

    Related

    - A word from our sponsors -

    Most Popular

    Sales in the world of chips have grown almost a -quarter

    Visit USA: Zelensky heard a team report

    In Latka, the skeleton of the bend and posts (photographs) was struck

    In Ukraine, 113 media workers died of war

    • Tags
    • banking sector
    • Exchange Rates
    • foreign exchange market

    LEAVE A REPLY Cancel reply

    Please enter your comment!
    Please enter your name here
    You have entered an incorrect email address!
    Please enter your email address here

    Previous article
    Power supply disappeared in Kherson and Nikolaev
    Next article
    Kherson promised to restore power supply within hours

    More from Author

    Economy

    Sales in the world of chips have grown almost a -quarter

    Liza -
    World

    Visit USA: Zelensky heard a team report

    David -
    World

    In Latka, the skeleton of the bend and posts (photographs) was struck

    As a result of the Russian attack,...
    David -
    World

    In Ukraine, 113 media workers died of war

    David -

    - A word from our sponsors -

    Read Now

    Sales in the world of chips have grown almost a -quarter

    Visit USA: Zelensky heard a team report

    In Latka, the skeleton of the bend and posts (photographs) was struck

    As a result of the Russian attack, the number of death in Latsk increased. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Rescuers owed the body of a 27-year-old dead...

    In Ukraine, 113 media workers died of war

    James Gunn confirms post-credit scene in ‘Superman’

    With the next launch, the new creative director of the DC universe, James Gunn, confirms that 'Superman' will have scenes you creditsThe premiere of the new Steel Man movie is getting closer and closer and with it news is being released by the producers. 'Superman' will be...

    Scientists have discovered the strongest explosion in space since the big explosion

    More than 30 communication towers were damaged in Sweden, suspected sabotage

    Apple has registered the brand of the new operating system

    The military Kazakhstan will be trained in the UK

    Cadillac remembers Lyriq’s electric cars because of the display problem

    Blackpink’s Jennie joins the list of ‘best albums of 2025, so far’

    Blackpink member Jennie enters the list of 'best albums of 2025, so far' pleasing criticism; look!DIVA! With great influence on the music industry, Rolling Stone magazine shares annually in early June the 66 albums considered by its critics the best of the year so far. Including all...

    5 Pixar movies that everyone needs to watch

    In addition to Toy Story, who was the studio's first long -term movie; Check out 5 more Pixar animations that everyone needs to watch!How many Pixar movies have you watched? The studio, which emerged independently on February 3, 1986 launching only short films, took an important step...
    Buna Time
    • DMCA
    • Privacy Policy
    • Terms of Use
    • Contact Us
    • Advertising and Outreach

    All Rights Reserved © 2023 - Buna Times