Hryvnia official rate hits new low of UAH 30 to dollar

16:37, 26 February 2015
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The National Bank of Ukraine at 1500 on Thursday set the hryvnia exchange rate at UAH 30.0102 to the dollar, or UAH 1.66 lower than the last historic low rate of UAH 28.3481 set by the NBU on Monday, according to the official Web site of the National Bank of Ukraine.

Photo from dialog.ua

Since the beginning of the year the hryvnia’s official rate has fallen against the dollar by almost two times, or by UAH 14.24.

As a result of the indicative auction held by the NBU on Thursday, the hryvnia equilibrium exchange rate as of 1430 was set at UAH 30.7296 to the dollar.

Some quotes for the hryvnia against the dollar on the interbank market, taking into account commission payments, reached UAH 28.50/32.50 to the dollar.

As UNIAN reported earlier, in 2014, the National Bank of Ukraine moved to flexible exchange rate formation on the foreign exchange market, which resulted in the hryvnia practically halving in value against the dollar.

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