• $ 1.7
  • € 1.9741
  • ₽ 0.021739
  • ₺ 0.0429
  • £ 2.3146

National Bank of Ukraine devalues hryvnia

National Bank of Ukraine devalues hryvnia
21.07.2022 15:00
Ukraine's central bank devalued the hryvnia currency by 25% against the US dollar on Thursday to help the country cope with the growing economic impact of the war with Russia, reported from UNIAN.

The National Bank of Ukraine (NBU) said in a statement that it had set the new hryvnia rate at 36.5686 to the dollar compared with the previous rate of 29.25 set at the start of Russia's invasion nearly five months ago.

"This step will improve the competitiveness of Ukrainian producers, converge exchange rate conditions for different groups of businesses and households, and support the resilience of the economy during the war," the bank said.





www.anews.az
Similar news
Similar news
Azerbaijan sets euro rate at 1.9944 manats
Business 11:28
Azerbaijan sets euro rate at 1.9944 manats
Azeri Light crude drops nearly $8 amid market selloff
Business 16:30
Azeri Light crude drops nearly $8 amid market selloff
Azerbaijan keeps manat steady against dollar
Business 13:00
Azerbaijan keeps manat steady against dollar
Gold dips below $3,330 per ounce
Business 10:00
Gold dips below $3,330 per ounce
European gas prices plunge 12% after Israel-Iran ceasefire
Business 16:30
European gas prices plunge 12% after Israel-Iran ceasefire
Azerbaijan’s Aliyev meets Italian minister to discuss energy, reconstruction projects
Business 16:00
Azerbaijan’s Aliyev meets Italian minister to discuss energy, reconstruction projects
Yelo Bank's summer campaign for micro businesses
Business 15:13
Yelo Bank's summer campaign for micro businesses
Azerbaijan’s financial ecosystem is built on digitalization and security
Business 15:00
Azerbaijan’s financial ecosystem is built on digitalization and security
Discover the world of investments with Birbank Invest – earn more!
Business 14:56
Discover the world of investments with Birbank Invest – earn more!
Anews TV

Our official Youtube channel

Subscribe