The dollar and euro have fallen in value: exchange rates as of March 2
2 March 07:28
The National Bank of Ukraine has set the official exchange rate for Monday, March 2. The hryvnia strengthened against the US dollar, the euro, and the Polish zloty. This was reported by "Komersant Ukrainian" with reference to the NBU.
According to the regulator, the Ukrainian currency strengthened its position in several areas at once.
Official NBU exchange rate for March 2
US dollar exchange rate:
- 1 dollar — 43.09–43.10 UAH
- A decrease of 11 kopecks.
Euro exchange rate:
- 1 euro — 50.86–50.87 UAH
- Decrease by 15–16 kopecks.
Polish zloty exchange rate:
- 1 zloty — 12.03 UAH
- Decrease of 5 kopecks.
Thus, the hryvnia strengthened against three major currencies at once.
Situation on the interbank market
As of 16:00, the interbank currency market quotes were as follows:
- dollar — 43.07/43.10 UAH
- euro — 50.84/50.87 UAH.
The market is showing stable dynamics without sharp fluctuations.
What does the strengthening of the hryvnia mean?
The strengthening of the national currency may indicate:
- an increase in the supply of currency on the market;
- a stable macrofinancial situation;
- controlled currency policy of the NBU;
- a balance of supply and demand on the interbank market.
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