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The official forex rate against the euro for Friday is fixed at UAH 30.86 per euro.
The National Bank of Ukraine (NBU) on March 26 set the official forex rate for Friday, March 27, at UAH 28.14 to the U.S. dollar, which made the country's national currency weaken by 18 kopiykas.
It happened after the hryvnia had already lost 19 kopiykas in value against U.S. dollar on Thursday, according to the NBU website.
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The official forex rate against the euro for Friday is fixed at UAH 30.86 per euro – the hryvnia has lost 59 kopiykas in value since Thursday.
Quotations of the hryvnia against the U.S. dollar on the interbank forex market as of 16:00 Kyiv time on March 26 were set at UAH 28.19/28.22, while those against the euro were UAH 30.94/30.97.
On Thursday, the forex rate of the U.S. dollar set by Kyiv's currency exchange booths was UAH 28.35, while that of the euro was UAH 30.80.
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. However, late last week, the currency market rush began to subside, as Ukrainians sold more currency than they bought.
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 sold last week. On March 24-25, the central bank did not sell foreign currency for the first time in the two weeks.
Today, Ukraine's international reserves are estimated at over US$24 billion, the regulator said.
In 2019, the central bank bought US$7.9 billion on the interbank forex market to replenish the country's international reserves.