With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

Wednesday, March 11, 2020
With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves. This followed the net sale of $307 million late last week. Today’s official rate is 25.31 hryvnia to the dollar, down from 23.69 on Jan. 2.

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