Hryvnia Hits 44.35 Against the Dollar as Oschadbank Launches Currency Purchase Promotion.

U.S. Dollar Exchange Rate on June 4, 2026

According to Novyny.live: On June 4, 2026, the National Bank of Ukraine raised the official dollar exchange rate to 44.3494 UAH per USD. That same day, banks were selling the dollar at 44.56 UAH and buying it at 44.065 UAH. The black market also saw adjustments, with selling prices at 44.25 UAH and buying rates at 44.12 UAH.

By 11:00 AM on June 4, the black market rate had settled at 44.28 UAH for selling and 44.16 UAH for buying. These figures point to a degree of stability in the currency market despite the rate hike announced by the central bank.

Special Offer from Oschadbank

State-owned Oschadbank has unveiled a limited-time promotion for its customers, set to take effect on June 5, 2026. Under this campaign, the monthly limit for purchasing foreign currency will be capped at 50,000 hryvnias. Clients will be able to buy dollars or euros using their credit limit, with a grace period of up to 62 days. This initiative aims to help stabilize the foreign exchange market while offering residents greater flexibility amid fluctuating rates.

The National Bank's adjustments to the dollar rate can have ripple effects on Ukraine's broader economic landscape, as currency swings often mirror the health of the economy. Promotions like Oschadbank's may assist the public in navigating these new conditions by providing easier access to foreign currency in an environment of constrained supply and demand. Such measures could also help reduce informal currency transactions.