The official dollar exchange rate exceeded 40 hryvnia for the first time

The official dollar exchange rate exceeded 40 hryvnia for the first time

This is discussed on the NBU website.

This is evidenced by data on the hryvnia exchange rate, published by the regulator in accordance with the results of trading on the interbank foreign exchange market.

According to the official NBU exchange rate, as of May 27, the value of the hryvnia compared to the dollar will decrease by 19 kopecks, so on Monday the “green” will reach the level of 40.1153 UAH per 1 dollar.

In addition, the National Bank set the euro exchange rate at UAH 43.491 according to new information.

The official exchange rate of the regulator is set daily, taking into account the dynamics of the interbank foreign exchange market and market trends.

What will affect exchange rates in the near future?

The exchange rate remains stable for a number of reasons. One of them is the decision to provide Ukraine with international assistance from the United States and a tranche from the EU. The volume of macro-financial assistance that Ukraine will be able to receive by the end of the year coincides with the planned $37 billion to cover part of the budget expenses.

Taras Lesovoy adds that since May 4, the National Bank of Ukraine has continued to implement a strategy for further liberalization of the market, eliminating a number of restrictions for business, providing $5.5 billion for these needs, which should be quite enough to maintain a balance between supply and demand. Consequently, there will be no imbalance that could potentially affect exchange rates.

“The international reserves of the regulator as of the beginning of May amounted to more than $43 billion, which is quite enough for more bold actions by the regulator. Export earnings, on the basis of which international currency reserves are formed, should be at a decent level, because the volume of exports has almost reached the pre-war level,” – Lisovyi noted.