Hryvnia weakens to U.S. dollar on Feb 25

The National Bank of Ukraine (NBU) has set the official forex rate for February 25 at UAH 27.95 to the U.S. dollar, which made the country's national currency weaken by five kopiykas.

The official forex rate against the euro for Thursday is fixed at UAH 33.93 per euro – the hryvnia has also lost five kopiykas in value since Wednesday, according to the NBU website.

Official forex rate

Read alsoUkraine's booming IT sector defies coronacrisis – mediaThe central bank has fixed the following official forex rates of the hryvnia against key foreign currencies for February 25:

• US$100 will be quoted at UAH 2,794.92 (UAH 2,789.76 as of February 24);
• EUR 100 will be quoted at UAH 3,392.89 (UAH 3,388.30 as of February 24).

Interbank rate

By 16:00 Kyiv time on February 24, hryvnia quotations against the dollar on the interbank forex market settled at UAH 27.95/27.97 to the dollar, while those against the euro were at UAH 33.97/33.99.

Forex rate for February 24

The National Bank set the official forex rate for February 24 at UAH 27.90 to the U.S. dollar, thus strengthening the country's national currency by three kopiykas.