NBU lets official hryvnia strengthen to UAH 23.98 to U.S. dollar on Jan 16

The four-year maximum was fixed at UAH 23.26 per U.S. dollar on December 26.

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The National Bank of Ukraine (NBU) on January 15 set the official forex rate at UAH 23.98 to the U.S. dollar, which made the country's national currency stronger by five kopiykas.

Read alsoUkraine's Economy Minister forecasts further strengthening of hryvnia

The Central Bank fixed the following official forex rates of the hryvnia against key foreign currencies for January 16:

US$100 will be traded for UAH 2,398.21 (UAH 2,402.57 as of January 15);

EUR 100 will be traded for UAH 2,672.69 (UAH 2,668.89 as of January 15).

As UNIAN reported earlier, Ukraine's national currency in November 2019 strengthened by 3.4% against the U.S. dollar and by 13.4% in the 11 months of 2019, to UAH 23.97 per dollar. The hryvnia continued getting stronger in December until its four-year maximum set at UAH 23.26 per dollar on December 26.

However, the National Bank let the official hryvnia weaken on December 27, 2019, for the first time over the month, and this trend continued in early 2020.

UNIAN memo. Ukraine's national currency in 2019 strengthened against the U.S. dollar by 14.5%, to UAH 23.69 and against the euro by 16.7%, to UAH 26.42.

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