NBU cut official dollar and euro rates for Friday

For Friday, October 16, the National Bank set the following official rates:

• US dollar – 44.8871 UAH (-0.093 UAH to the official rate for Thursday, October 15);
• euro – 50.3081 UAH (-0.0372 UAH to the official rate for Thursday, October 15).

Rates were set at 15:30 on October 15 and reflect the following trends:

On Thursday, quotes of non-cash dollar on the interbank currency market continued leisurely movement down. The average transaction price at 12:00 was 44.9373 UAH – 10.5 kopecks lower than on Wednesday. The National Bank, as usual, around lunchtime began another currency intervention, the result of which was a drop in quotes to 44.841 UAH on the “bid” position and 44.85 UAH on the “offer” position. By the close of trading, part of the decline was recovered, but the average transaction price decreased even more. Therefore, the NBU lowered the official dollar rate for Friday by 9.3 kopecks.

The euro on the international FOREX market on Thursday morning began another correction against the dollar and rose to 1.12411 dollars. At the time of fixing, the euro was sold at 1.12077 dollars – 14.9 points higher than on Wednesday (1.11928 dollars). Therefore, in parallel with the decrease in the official dollar rate, the NBU lowered the official euro rate for Friday by 3.7 kopecks.