Hryvnia weakens to U.S. dollar on Feb 16

The National Bank of Ukraine (NBU) has set the official forex rate for February 16 at UAH 27.97 to the U.S. dollar, which made the country's national currency weaken by 13 kopiykas.

Read alsoFinance Minister Serhiy Marchenko: Our main scenario is cooperation with the IMFThe official forex rate against the euro for Tuesday is fixed at UAH 33.93 per euro – the hryvnia lost 25 kopiykas in value since Monday, 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 February 16:

US$100 will be quoted at UAH 2,796.71 (UAH 2,784.40 as of February 15);

EUR 100 will be quoted at UAH 3,392.97 (UAH 3,368.01 as of February 15).

Interbank rate

By 16:00 Kyiv time on February 15, hryvnia quotations against the dollar on the interbank forex market settled at UAH 27.82/28.05 to the dollar, while those against the euro were at UAH 33.57/34.00.

Forex rate for February 15

The National Bank of Ukraine set the official forex rate for February 15 at UAH 2,784.40 per U.S. dollar.

Thus, the country's national currency remained almost unchanged compared to the previous banking day, February 12, when the official rate was set at UAH 2,783.84 per U.S. dollar.