Ukraine's hryvnia strengthens for the first time in past week

The National Bank of Ukraine (NBU) has set the official forex rate for Monday, July 27, 2020, at UAH 27.76 per U.S. dollar, thus, the national currency has strengthened for the first time in the past seven days.

It gained 12 kopiykas in value compared to the rate set for Friday, July 24, according to the NBU's website.

The official forex rate against the euro for July 27 is set at UAH 32.22 per euro, which let the hryvnia strengthen by two kopiykas compared to July 24.

Official forex rates

As the NBU said on its website, the following official forex rates of the hryvnia will be in effect on July 27:

• US$100 will be quoted at UAH 2,775.59 (UAH 2,787.79 as of July 24);
• EUR 100 will be quoted at UAH 3,222.46 (UAH 3,223.66 as of July 24).

Interbank quotations

Hryvnia quotations against the dollar settled at UAH 27.79/27.81 per dollar and those against the euro at UAH 32.24/32.26 per euro as of 16:00 Kyiv time on Friday, July 24.

Read alsoStrengthening of hryvnia should be capped at UAH 25 to U.S. dollar – economy minister

Rates before the weekend

The National Bank of Ukraine set the official exchange rate of the hryvnia to the U.S. dollar for Friday, July 24, at UAH 27.88 per dollar, that is, the hryvnia weakened against the dollar for the sixth day in a row as it lost 10 kopiykas in value compared to the previous indicator.