Hryvnia strengthened against the dollar at the end of October

On Monday, November 2, the National Bank set the following official exchange rates:

- US dollar – 45.3526 UAH ( -0.1767 UAH against the official rate on Friday, October 30);

- euro – 50.6843 UAH ( +0.0047 UAH against the official rate on Friday, October 30).

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

1. The entire trading session on Friday in the interbankforeign exchange market took place in a narrow range of 45.30–45.355 UAH on the bid side. The average transaction price at 12:00 was 45.3445 UAH – 20 kopecks lower than on Thursday. Shortly before the close of trading, quotations began to decline and dropped to 45.305 UAH on the bid side. By the close of trading, the average price remained almost unchanged, so the NBU lowered the official dollar rate for Monday by 17.7 kopecks.

2. The euro on the international FOREX market during the Asian session on Friday continued to rise and climbed to the level of 1.12148 dollars, but could not hold on and went down again. At the time of fixing, the euro was sold at 1.11756 dollars – 44.4 points higher than on Thursday (1.11312). Therefore, despite the decrease in the official dollar rate, the NBU raised the official euro rate for Monday by 0.5 kopecks.