The dollar exchange rate fell sharply to 28.13 hryvnia – National Bank of Ukraine – exchange rates – Dollar exchange rate



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On November 9, 2020, the National Bank of Ukraine (NBU) drastically lowered the official dollar rate by 22 kopecks compared to the previous day, to 28.13 UAH. The US currency is depreciating for the third day in a row and is already approaching its psychological level.

This is evidenced by the data on the regulator’s website.

The official exchange rate of the hryvnia against the dollar on November 9 was set at 28.1375 hryvnia per dollar (- 0.2268 hryvnia). At the same time, the exchange rate on November 6 was 28.3643 hryvnia to the dollar.

NBU drastically lowered the official dollar rate again

Photo: exchange rate of November 9

Note that the dollar is declining in price for the third day in a row after long trading at the highest levels in two years.

Financial analysts say the dollar is falling against world currencies due to uncertainty about the outcome of the US presidential election. As of now, Democratic candidate Joe Biden is increasing his lead over Donald Trump and is likely to become the new head of the White House.

Interbank

At the opening of the interbank market on November 6, the dollar exchange rate began to trade slightly higher, but during the day it fell to the level of 28.15 hryvnia. Half an hour before the close of operations, it remains at this value.

Dollar exchange rate until the end of 2020

Ukraine’s Finance Minister Serhiy Marchenko does not see the risk of a significant devaluation of the hryvnia until the end of 2020. The ministry is not afraid of exchange rate fluctuations.

“But again, given the difficultly predictable global effect on the economy due to the spread of the COVID-19 pandemic, it is quite difficult to predict the value of highly volatile indicators,” the minister added.

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