Hryvnia strengthens to U.S. dollar on March 3

The National Bank of Ukraine (NBU) has set the official forex rate for March 3 at UAH 27.93 to the U.S. dollar, which let the country's national currency strengthen by seven kopiykas.

Read alsoLatest expert outlook for hryvnia rate by year-endThe official forex rate against the euro for Wednesday is fixed at UAH 33.60 per euro – the hryvnia has gained 12 kopiykas in value since Tuesday, according to the NBU website.

Official forex rate

The central bank has fixed the following official forex rates of the hryvnia against key foreign currencies for March 3:

US$100 will be quoted at UAH 2,793.30 (UAH 2,800.07 as of March 2);

EUR 100 will be quoted at UAH 3,360.06 (UAH 3,371.70 as of March 2).

Interbank rate

By 16:00 Kyiv time on March 2, hryvnia quotations against the dollar on the interbank forex market settled at UAH 27.94/27.96 to the dollar, while those against the euro were at UAH 33.62/33.64.

Forex rate for March 2

The National Bank set the official forex rate for March 2 at UAH 28.00 to the U.S. dollar, thus weakening the country's national currency by five kopiykas.