INTERBANK HRYVNIA RATE UP BY 1 KOPECK TO 8.06 UAH/USD

04/24/2009

The hryvnia rate rose by 1 kopeck to 8.06 UAH/USD on the interbank currency market on Thursday after falling on Wednesday.

According to currency dealers for commercial banks, the hryvnia's exchange rate fluctuated within 8.02-8.08 UAH/USD at the start of the trading, then rose to 8.05-8.10 UAH/USD, and fell to 8.03-8.08 UAH/USD by the end of the trading.

According to the market participants, the majority of deals were made at the rate close to 8.06 UAH/USD.

The National Bank sold dollars at 7.90 UAH/USD.

According to currency dealers, the NBU sold about USD 50 million.

The hryvnia rate has fallen by 1.4% from 7.95 to 8.06 UAH/USD on the interbank currency market since the start of this year.

As Ukrainian News earlier reported, the hryvnia fell by 57.4% from 5.05 to 7.95 UAH/USD on the interbank market in 2008.

The hryvnia fell by 0.099% from 5.0450 to 5.0500 UAH/USD on the interbank market in 2007.