Euro has risen in price by 52 kopecks per day – NBU

Euro has risen in price by 52 kopecks per day, according to data on the website of the National Bank of Ukraine. On July 22, the official value of the euro is set at 32 hryvnia 19 kopecks. The dollar has risen in price by 12 kopecks – up to 27 hryvnia 78 kopecks.

Experts noted that on July 22, the NBU carried out currency intervention in the interbank market and made the behavior of market participants “more controllable.” The national currency was in a wide corridor of 26.5-27 hryvnia per dollar for more than two months – from late April to early July. On July 1, the announcement of ex-NBU head Yakov Smoliy about his resignation through political pressure on him caused an increase in quotations to 27 hryvnia 20 kopecks per dollar and even higher.

Over the course of several trading sessions, the situation stabilized, but after the appointment of Kirill Shevchenko as head of the NBU, the devaluation of the national currency accelerated.

Leave a Reply

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>