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Interbank Hryvnia Rate

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After strengthening by 5 kopecks on Thursday, hryvnia fell by 5 kopecks to 8.50 UAH/USD in the interbank forex market on Friday.

According to dealers of commercial banks, the quotations ranged between 8.35 and 8.50 UAH/USD in bid opening, then grew to 8.45-8.55 UAH/USD, after which settled at 8.48-8.55 UAH/USD. 

According to estimations of the market players, most deals were concluded at the rate close to 8.50 UAH/USD.

The hryvnia rate in the interbank forex market has fallen by 6.92% since early 2009 from 7.95 to 8.50 UAH/USD.

As Ukrainian News reported, the hryvnia rate fell by 57.4% from 5.05 to 7.95 UAH/USD in the interbank market in 2008.

In 2007, the hryvnia rate fell by 0.099% from 5.0450 to 5.0500 UAH/USD.



VIA: Ukrainian News 

Written by: Sashko Monday, 14 September 2009 12:57