The national currency for the month fell by
Hryvnia per month as at 29 November fell to USD at the official rate of 3.7%.
This is stated in the macroeconomic and monetary review, the National Bank in September, compared with the beginning of the year, the cost of hryvnia to the dollar remains above 2.5%, UNIAN reports.
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“Devaluation pressure on the hryvnia in September mainly was seasonal, caused by traditional growth of demand for foreign currency from oil and gas traders, which increased with a moderate increase in oil prices on the world market”, – stated in the review.
Also, there was a reduction in the quantity of cash currency from the population and the concomitant rise in demand that is largely also due to a seasonal deterioration in the exchange rate expectations of the population.
We will remind, the national Bank of Ukraine has set the official exchange rates at October 2: the US dollar rose by 5 cents and its course is 26,57 UAH. The Euro gained 4 cents and worth 31,37 UAH.