Hryvnia official rate of UAH 20 to dollar ‘appropriate,’ Gontareva says

14:21, 27 February 2015
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The National Bank of Ukraine considers a hryvnia exchange rate of UAH 20 to the dollar appropriate for the economy, NBU Governor Valeria Gontareva said on Friday during a meeting with a top management of member companies of the American Chamber of Commerce.


"The question is what level of hryvnia exchange rate the National Bank sees today. It is the level of UAH 20 to the dollar," she said.

As reported earlier, 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 amendments to the state budget for 2015, agreed with the IMF, the hryvnia exchange rate is set at UAH 21.70 to the dollar.

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