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The situation on the currency market of Ukraine has stabilized

Ситуация на валютном рынке Украины стабилизироваласьAt the end of September the official exchange rate of hryvnia to the U.S. dollar and the Euro remained almost at the level of the previous month.

During September the situation on the currency market of Ukraine in General has stabilized. This is stated in the macroeconomic and monetary review, the National Bank of Ukraine in September 2018 Monday 1 October, on the regulator’s website.

“This was the result of reducing the excessive demand for currency on the interbank and the cash market. At the last resumed a dominance of supply of foreign currency from the population on demand,” – said in the message.

As noted in the publication of the NBU to reduce the intensity of fluctuations in the exchange rate the national Bank has maintained a presence in the foreign exchange market, conducting operations on foreign currency purchase and sale.

At the same time, in contrast to August, in September, the balance of NBU operations with foreign currency acquired positive values (about $ 53 million), exceeding USD 0.6 billion since the beginning of the year.

“As a result, at the end of September the official exchange rate of hryvnia to the U.S. dollar and the Euro remained almost at the level of the previous month”, – stated in a regulator.

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