The National Bank of Ukraine (NBU) increased the official dollar rate above 37 hryvnia for the first time in history. This was reported by the RBC-Ukraine agency.
According to the NBU, as of December 14, the dollar rate was set at 37.02 hryvnia and the euro at 39.92 hryvnia.
“In early autumn, the unofficial exchange rate at exchange offices reached 43 hryvnia per dollar. “Analysts predict that the average exchange rate throughout the year will be about 40 hryvnia per dollar,” he said.
On October 3, the Ukrainian regulator announced the introduction of a flexible hryvnia exchange rate. Also the Central Bank raised Official exchange rate of the hryvnia against the dollar. According to the bank’s plans, it hoped to maintain the exchange rate of the local currency, compensate for the “structural foreign exchange deficit” and prevent significant fluctuations in the hryvnia exchange rate. However, on October 5, it became known that Ukrainian residents, fearing the collapse of the hryvnia, began to buy dollars en masse.
On the same day, former Prime Minister of Ukraine Mykola Azarov on his Telegram channel sent Photo of an electronic queue coupon for currency exchange in one of the Ukrainian banks, with the inscription: “345 people in front of you.”
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