Rescuing hryvnia: NBU to sell $100 mln in auction Oct 4

The National Bank of Ukraine in the foreign exchange auction today, October 4, will sell up to $100 million to the Ukrainian banks, according to the NBU website.

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The applications for participation in the auction will be accepted until 12:30 Kyiv time.

According to the NBU, the hryvnia's average exchange rate on the interbank market as of 10:00 was set at UAH 26.8197 to the dollar.

Read alsoNBU explains hryvnia's September dropOn Tuesday, October 3, hryvnia quotations against the dollar on the interbank forex market settled at UAH 26.71/26.73 to the dollar by the close of trade.

Hryvnia quotes against the euro settled at UAH 31.37/31.40, while those against the Russian ruble settled at UAH 0.4541/0.4547.

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