NBU cuts official exchange rate by 27 kopiykas

The National Bank of Ukraine on Wednesday dropped the hryvnia’s value by 27 kopiykas, setting the Ukrainian currency’s official exchange rate at UAH 23.55 to the dollar, while on Tuesday the Ukrainian currency’s official exchange rate was at UAH 23.28 to the dollar.

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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 2,355.7021 (as of 1400 on March 24 it was UAH 2,328.7844);

EUR 100 – UAH 2,579.4938 (as of 1400 on March 24 it was UAH 2,541.1695);

10 Russian rubles – UAH 4.0083 (as of 1400 on March 24 it was UAH 3.9175).

As UNIAN reported earlier, Ukrainian Finance Minister Natalia Jaresko said in an interview with Bloomberg, that the reforms under the program of cooperation with a key creditor of Ukraine, the International Monetary Fund, along with reasonable administrative measures would help to keep the exchange rate at a fundamental level of UAH 22-24 to the dollar over the next four years.

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