Zelenskiy’s effort last week to talk down the hryvnia has had little short term impact

Tuesday, July 14, 2020
Zelenskiy’s effort last week to talk down the hryvnia has had little short term impact

Zelenskiy’s effort last week to talk down the hryvnia has had little short term impact. Currently, the exchange rate is 27.10 hryvnia to the dollar, down 12 kopecks from 26.98, the rate last Wednesday when Zelenskiy called for a rate of 30 to the dollar. Last week, the National Bank of Ukraine purchased $92 million on the interbank foreign exchange market.

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