The hryvnia rate on the interbank market has strengthened to 26.72 UAH / USD

21 April 2017, 21:10 | Economy
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The hryvnia exchange rate on the interbank foreign exchange market on Friday, April 21, strengthened to 26.72 UAH / dollar from 26.75 UAH / USD at the close of trading on the previous business day.

Ka informed dealers of commercial banks, quotes of hryvnia to the end of trading amounted to 26.71-26.73 UAH / dollar.

The National Bank of Ukraine (NBU) did not hold an auction on that day.

According to the NBU, the weighted average rate of the hryvnia on the interbank foreign exchange market on this day has strengthened to 26.7328 UAH / dollar from 26.7567 UAH / USD on the previous working day.

The trade turnover amounted to 251.12 million dollars, whereas on the previous working day amounted to 218.38 million dollars.



On April 13, the NBU decided to reduce the discount rate from 14% to 13% per annum. "Restoring the cycle of monetary policy mitigation is consistent with the need to achieve inflation targets in 2017-2019 and will support the pace of economic growth," the NBU said..

At the same time, the inflation rate will remain within the previously outlined indicators. The inflation forecast for 2017 remains at the level of 9.1%, for 2018 at the level of 6%. In 2019, inflation is projected to decline to 5%.




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