NBU weakens official forex rate to UAH 24.19 to dollar for Sept 27

Hryvnia exchange rate updated the four-year historical maximum three times last week, as was the case in the previous week.

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The National Bank of Ukraine (NBU) Thursday evening weakened the official hryvnia exchange rate by seven kopiykas, bringing the national currency to UAH 24.19 to the dollar for Friday 27 against the backdrop of media reports that the Ukrainian government failed to reach an agreement on the new program with the mission of the International Monetary Fund (IMF).

Hryvnia forex rate for the first time has failed to update the four-year historical maximum as it happened daily for the past two weeks, according to the regulator's website.

The official forex rate against the euro for September 27 is set at UAH 26.46 per euro (EUR 100 cost 2,648.8803 as of September 26).

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As UNIAN reported earlier, trade on Ukraine's interbank forex market on Thursday, September 26, closed at UAH 24.09/24.12 per U.S. dollar, which was eight kopiykas higher than the closing price from the previous day.

Hryvnia quotations to the euro were at UAH 26.42/26.45, which was also 13 kopiykas higher than the closing rate on the previous day.

Hryvnia exchange rate updated the four-year historical maximum three times last week, as was the case in the previous week.

Media reports appeared on September 26, alleging that the Ukrainian authorities had failed to reach an agreement with representatives of the IMF mission regarding a new program over the situation around PrivatBank, which was nationalized in 2016, as well as a possible change in the National Bank's leadership, and realistic benchmarks in the draft national budget for 2020.

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