Photo from UNIAN
The official forex rate against the euro for Tuesday is fixed at UAH 30.25 per euro.
The National Bank of Ukraine (NBU) on March 23 set the official forex rate for Tuesday, March 24, at UAH 28.11 to the U.S. dollar, which let the country's national currency weaken by 37 kopiykas.
Read alsoUkrainian central bank's forex sales exceed purchases by US$1 bln this week
The hryvnia slumped after it had gained six kopiykas in value against U.S. dollar on Monday, March 23, according to the NBU website.
The official forex rate against the euro for Tuesday is fixed at UAH 30.25 per euro – the hryvnia has lost 61 kopiykas in value since Monday.
As UNIAN reported earlier, higher demand for foreign currency, seen in Ukraine for the second week in a row, was caused by the deterioration of market sentiment amid the global spread of the novel coronavirus, and only on Friday, March 20, the hryvnia strengthened against the dollar by six kopiykas, to UAH 27.74.
The NBU said it would impose no restrictions on Ukraine's forex market and would continue to mitigate excessive fluctuations by selling foreign currency from its reserves.
Two weeks ago, the regulator spent US$981.6 million to support the hryvnia. Over US$1 billion was spent last week.
Today, Ukraine's international reserves exceed US$24 billion, the regulator said.
The central bank in 2019 bought US$7.9 billion on the interbank forex market to replenish the country's international reserves.