The dollar on the black market breaks records again

In the middle of the day, the maximum sale offer was UAH 35.2 per dollar.

The dollar exchange rate on the black market of Ukraine as of 9 am on May 16, rose to 35 hryvnia, after which began a slight decline. This is evidenced by the data of the specialized site “Course of Ukraine”.

In the morning, the lowest selling rate among the offers was 34.4 UAH/USD, and the highest – a record 35 UAH UAH./USD.

However, by noon most sales proposals did not exceed 34.50. And only a few proposals remained at the level of UAH 35-35.2. per dollar.

It will be recalled that on February 24, the NBU fixed the official dollar exchange rate at equal to UAH 29.25. However, in early April , the National Bank said that the official hryvnia exchange rate set during the war was almost the same as the black exchange rate, the cash market, and the hryvnia exchange rate abroad.

Last week, the National Bank said it would return to floating exchange rates and use the discount rate as the main instrument of monetary policy as normalization of the economy and financial system. This is mentioned in the NBU's monthly macroeconomic and monetary review.

At the end of April the National Bank also established a procedure for issuing hryvnia exchange rates to foreign currencies by issuing banks when conducting transactions using electronic means of payment. In this case, the hryvnia exchange rate against foreign currency should not exceed more than 10% of the official NBU exchange rate.

Based on materials: ZN.ua

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