Ukraine's hryvnia slides to UAH 28.18 to U.S. dollar on March 30

The official forex rate against the euro for Monday is fixed at UAH 30.90 per euro.

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The National Bank of Ukraine (NBU) on Friday, March 28 set the official forex rate for Monday, March 30, at UAH 28.18 to the U.S. dollar, which made the country's national currency weaken by four kopiykas.

It happened after the hryvnia had already lost 18 kopiykas in value against U.S. dollar on Friday, according to the NBU website.

The official forex rate against the euro for Monday is fixed at UAH 30.90 per euro – the hryvnia has lost four kopiykas in value since Friday.

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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.

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