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Interbank hryvnia rate down 11 Kopecks to Hr 5.90 to $1

18 November 2008, 17:21 | Ukrainian News
The hryvnia rate fell by 11 kopecks to 5.90 UAH/USD on the interbank currency market on Tuesday after a decrease on Monday.

According to currency dealers for commercial banks, the hryvnia's exchange rate fluctuated within 5.7850-5.8300 UAH/USD at the start of the trading, then rose to 5.8550-5.9000 UAH/USD, and increased to 6.0000-6.1000 UAH/USD by the end of the trading.

The National Bank did not enter the market.

The hryvnia rate has fallen by 16.8% from 5.05 UAH/USD on the interbank currency market since the start of this year.

As Ukrainian News earlier reported, the hryvnia fell by 0.099% from 5.0450 to 5.0500 UAH/USD on the interbank market in 2007 after rising by 0.099% from 5.0500 to 5.0450 UAH/USD in 2006.

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