Hryvnia weakens to U.S. dollar on March 1

The National Bank of Ukraine (NBU) has set the official forex rate for March 1 at UAH 27.95 to the U.S. dollar, which made the country's national currency weaken by two kopiykas.

Read alsoStrengthening spree: What Ukrainians should expect from hryvniaThe official forex rate against the euro for Monday is fixed at UAH 33.84 per euro – the hryvnia has gained 31 kopiykas in value since Friday, 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 1:

US$100 will be quoted at UAH 2,794.56 (UAH 2,793.01 as of February 26);

EUR 100 will be quoted at UAH 3,384.49 (UAH 3,414.59 as of February 26).

Interbank rate

By 16:00 Kyiv time on February 26, hryvnia quotations against the dollar on the interbank forex market settled at UAH 27.97/27.98 to the dollar, while those against the euro were at UAH 33.90/33.92.

Forex rate for February 26

The National Bank set the official forex rate for February 26 at UAH 27.93 to the U.S. dollar, thus strengthening the country's national currency by two kopiykas.