Fluctuations of the Hryvnia and New Trend: NBU Sets Euro and Dollar Exchange Rates for July 7.

New Currency Rates in Ukraine

The National Bank of Ukraine has determined new currency rates at the beginning of this week. The official exchange rate of the Hryvnia to the US dollar is 41.73 UAH, and to the euro - 49.12 UAH.

Compared to the previous day, there have been changes in the currency market. The dollar has increased by one kopeck, reaching 41.73 UAH, while the euro has lost 6 kopecks, dropping to 49.12 UAH.

Experts predict that the decline of the euro may continue into the next week. Current rates in banks do not indicate further growth of the European currency compared to the Hryvnia.

Representatives of the National Bank of Ukraine explained that the main factor influencing currency fluctuations in the Ukrainian market is the weakening of the US dollar compared to other currencies due to the internal and external policies of the USA.

The NBU also mentioned the transition to the euro and indicated the timelines, while the IMF outlined the conditions for this process.

In summary: The National Bank of Ukraine published fresh currency rates at the beginning of the week, noting certain changes in the currency market, where the main factors are the stability of the US dollar and the transition to the euro. Experts predict that the decline of the euro may continue compared to the Hryvnia.