NBU strengthens hryvnia official rate by six kopiykas
The National Bank of Ukraine at 1400 on Tuesday set the hryvnia exchange rate at UAH 28.2912 to the dollar, or six kopiykas higher than the last historic low rate of UAH 28.3481 set by the NBU on Monday, February 23, according to the official Web site of the National Bank of Ukraine.
Since the beginning of the year the hryvnia’s official rate has fallen against the dollar by more than 1.8 times, or by UAH 12.52.
Ukraine’s currency is the worst performing in the world, having lost about 70% of its value in the last year. The country’s central bank, the National Bank of Ukraine, has introduced measures to reduce capital outflows from the country.