Ukraine's hryvnia weakens to UAH 34.20 to euro on Jan 11

UNIAN 3

The euro rate in Kyiv exchange officers on Jan 11 soared to UAH 33.85/34.20, while the U.S. dollar reached UAH 28.35/28.65, according to an UNIAN correspondent.

Photo from UNIAN

Quotations of the Ukrainian hryvnia against the U.S. dollar on the interbank forex market on Thursday, January 11, were set at UAH 28.44/28.46 per dollar, having weakened by 10 kopecks from the start of trading.

Hryvnia quotes against the euro were UAH 33.95/33.97 and those against the Russian ruble were UAH 0.4992/0.4998, a dealer of a commercial bank told UNIAN.

Read alsoUkrainian experts give forecasts for hryvnia forex ratesAccording to the National Bank of Ukraine (NBU), the weighted average exchange rate of the hryvnia as of 12:00 was UAH 28.4497 to the dollar, with 136 deals concluded by this time worth a total of $85.90 million.

As UNIAN reported earlier, in late December, Ukrainian Prime Minister Volodymyr Groysman said that fluctuations in the hryvnia exchange rate, as a result of which the value of the dollar in Ukraine's exchange offices reached UAH 28, were seasonal, and the situation would stabilize in January.

Read alsoGrowth of consumer prices in Ukraine accelerates to almost 14% in 2017 – statisticsThe state budget of Ukraine for 2018 assumes the average annual rate of hryvnia at the level of UAH 29.3 to the dollar, and UAH 30.1 at the end of the year.

Hryvnia's historic low against the U.S. dollar was at UAH 30.01/USD in February 2015.