“Hryvnia’s weakening against the euro had a negligible impact on inflation – NBUThe NBU stated that the weakening of the hryvnia against the euro had a negligible pro-inflationary effect, while fluctuations
against the US dollar were moderate. The situation on the foreign exchange market remains stable thanks to previous NBU measures.
”, — write: unn.ua
Fluctuations of the hryvnia against the US dollar were moderate, and the weakening against the euro has so far had an insignificant pro-inflationary effect
The NBU stated that “the situation on the foreign exchange market was stable, in particular due to previous NBU measures to strengthen interest rate policy.”
RecallThe NBU reported that in June, demand for foreign currency remained almost unchanged, and exchange rate fluctuations were moderate. The average official exchange rate of the hryvnia against the dollar slightly weakened, while against the euro it continued to weaken.
Demand for foreign currency remains stable, the euro is appreciating due to its exchange rate dynamics with the dollar – NBU05.07.25, 15:35 • 2522 views