NBU again cuts official exchange rate

The exchange rate of the Ukrainian national currency the hryvnia on Monday, for the third time since the beginning of the month, suffered a decline on the interbank market, losing eight kopiykas against the dollar, according to the official Web site of the National Bank of Ukraine.

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As of 1400 the central bank set the following official exchange rates of the hryvnia against leading foreign currencies:

$100 – UAH 1,585.4396 (as of 1400 on December 19 it was UAH 1,576.9370);

EUR 100 – UAH 1,946.7613 (as of 1400 on December 19 it was UAH 1,937.2671);

10 Russian rubles – UAH 2.6127 (as of 1400 on December 19 it was UAH 2.6457).

According to the official exchange rate, Ukrainian hryvnia has lost 97.48% of its value against the U.S. dollar since the beginning of the year, falling by UAH 7.79, or by 1.97 times.

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