The hryvnia continues to fall: the NBU has set a new historical high for the dollar exchange rate
The National Bank of Ukraine again raised the official exchange rate of the dollar to the hryvnia, setting a new historical maximum at the level of 39.9205 hryvnias for 1 dollar. This is UAH 0.0955 more than the previous record set a day earlier.
What is happening in the market
- Official exchange rate: 39.9205 UAH for 1 dollar.
- Growth of the euro exchange rate: 43.3137 hryvnias for 1 euro.
- Interbank: The dollar exchange rate at times exceeded 40 hryvnias, the NBU carried out interventions to stabilize the market.
Expert’s comment
Oleksiy Kozyrev, a financial analyst of the Ministry of Finance, notes that the NBU actively intervened in the interbank market, selling dollars to curb the growth of the exchange rate. However, despite these efforts, the hryvnia continues to weaken, and the dollar on the interbank exchange at times exceeded the psychological threshold of 40 hryvnias.
Consequences for the economy
Further weakening of the hryvnia may lead to an increase in the prices of imported goods and services, which will negatively affect the purchasing power of the population.
