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Interbank currency trading in Ukraine over, 1 USD cost 27.70-27.73 UAH

Source : 112 Ukraine

In comparison with the previous working day, the U.S. dollar grew in price by UAH 0.08-0.09
22:30, 30 July 2020

Reuters

The interbank currency market in Ukraine has closed for today, July 30. The exchange rate of U.S. dollar made 27.70-27.73 UAH per 1 USD, Minfin portal reports.

Thus, in comparison with the previous working day, the U.S. dollar grew in price by UAH 0.08-0.09. Euro got more expensive, too; on July 30, the price made 32.66-32.69 UAH per 1 EUR.   

Russian ruble has somewhat cheapened, with the exchange rate making 0.376-0.377 UAH per 10 RUR. 

Meanwhile, the Big Mac Index shows that Ukrainian hryvnia is one of the most underrated currencies of the world as The Economist reported.

Related: Russia on charges of issuing counterfeit currency for Libya: Fakes are not money, but US statements

According to the research, the price of Big Mac in Ukraine makes 59 hryvnia ($2.15), while in the U.S. it makes $5.71. In the result, the Ukrainian hryvnia remains underrated by 61.9% in comparison with the official exchange rate that is 27.13 hryvnia per dollar. Regarding the purchasing capacity, the exchange rate should be 10.33 hryvnia per dollar.

Related: Foreign currency reserves of Ukraine decreased by 1.3% in May 2020

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