The hryvnia exchange rate continues to strengthen after falling to historical lows this week.
As a result of trading on the interbank market, the National Bank strengthened the official exchange rate of the hryvnia to the dollar on Monday, January 15, to 37.8386 UAH/$, compared to 37.9982 UAH/$ on Friday.
At the same time, the hryvnia exchange rate to the euro strengthened by 35 kopecks to 41.3879 UAH per euro.
Let us recall that the National Bank announced the transition to a regime of managed flexibility of the hryvnia exchange rate from October 3, abandoning the fixed hryvnia exchange rate, which had been in effect since the beginning of the full-scale Russian invasion of Ukraine on February 24, 2022.
Under this regime, the official rate will be determined in the interbank market, and not set prescriptively by the National Bank. At the same time, the NBU will continue to monitor the situation and on an ongoing basis compensate for the structural deficit of foreign currency in the interbank foreign exchange market.
