The situation on the foreign exchange market of Ukraine on May 22, 2020: the hryvnia collapsed sharply, unable to withstand the pressure

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The hryvnia has fallen sharply. The National Bank of Ukraine updated the official exchange rate on May 22, 2020.

This is reported by the NPF with reference to minfin.com.ua.

The National Bank of Ukraine established official exchange rates on May 22, 2020. The price of the US dollar stopped at around 26.76 hryvnia, 18 kopecks more than the previous banking day. And the euro has become more expensive by 32 kopecks and today costs 29.46 hryvnia for 1 euro.

Official exchange rates for May 22:

1 US dollar costs 26.7699 hryvnias;

1 euro – 29.4616 hryvnias;

1 Russian ruble – 0.3778 hryvnias.

Average spot market exchange rate:

– dollar: purchase of 26.70 hryvnia, sale of 26.9 hryvnia per unit;

– Euro: purchase of 29.00 hryvnia, sale of 29.50 hryvnia per unit.

Previously reported on the foreign exchange market situation on May 21, 2020.