The dollar is rapidly depreciating: NBU exchange rate as of January 29

29 January 08:50

The National Bank of Ukraine continues to strengthen the hryvnia against the US dollar. The official exchange rate of the American currency has fallen again, while the euro exchange rate remains stable. This is evidenced by updated data from the regulator, published yesterday, according to "Komersant Ukrainian".

Official dollar exchange rate

On Thursday, January 29, the NBU set the official dollar exchange rate at 42.76 hryvnia per dollar. For comparison, on Wednesday, January 28, the rate was 42.95 hryvnia, meaning that the hryvnia strengthened by 19 kopecks at once.

On the cash market, the dollar also showed a decline — by an average of 10 kopecks, to 42.80 hryvnia per dollar.

The euro exchange rate remains unchanged

At the same time, the euro exchange rate remains stable. According to the NBU, the official hryvnia-to-euro exchange rate on January 29 is 51.22 hryvnia, which is completely in line with the previous day’s figure.

Thus, the Ukrainian currency market is seeing a strengthening of the hryvnia against the dollar amid the stabilization of the euro exchange rate.

What is happening on the currency market

Financial dynamics indicate that the situation on the currency market remains under control.

The official dollar exchange rate is falling gradually and without sharp fluctuations, which is in line with the NBU’s currency regulation policy.

Дзвенислава Карплюк
Editor

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