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National Bank of Ukraine sets currency exchange rates for April 9

Source : 112 Ukraine

The dollar will grow up in price compared to the previous work day
22:38, 8 April 2021

Open source

The National Bank of Ukraine (NBU) has set the currency exchange rates for April 9. Thus, on Friday, the exchange rate of U.S. dollar in this country will make 27.897 UAH per 1 USD. The message appeared on the NBU website. 

The dollar will grow up in price by 0.08 UAH, compared to the previous work day.

Euro got a bit more expensive, too. The rate will make 33.22 UAH per 1 EUR.

Russian ruble, on the contrary, dropped in price; on April 9, the exchange rate will be 0.363 UAH per 10 RUR.

Earlier, the World Bank improved the forecast of Ukraine's economic growth in 2021. According to the new estimates, the GDP growth rate will make 3.8 percent.

Besides, the Ministry of Economy of Ukraine assumes that the dollar exchange rate in this country will not exceed the level of 30 hryvnias per dollar until 2024.

Related: Dollar exchange rate not to exceed 30 UAH/USD by 2024, - Ministry of Economic Development

In February, Fitch Ratings agency affirmed Ukraine's long-term foreign-currency issuer default rating (IDR) at "B" with a stable outlook.

"Ukraine's 'B' IDRs reflect its track record of multilateral support and a credible macroeconomic policy framework that has underpinned a relatively high degree of resilience to the coronavirus shock. Ukraine's human development indicators compare favorably with the peer group, it has a net external creditor position of close to 13% of GDP, and general government debt is somewhat lower than the 'B' median," the message said.

At the same time, it is noted that against the background of these factors, corporate governance indicators remain weak, the degree of legislative and judicial risk for the implementation of policies is high, and external liquidity, in comparison with the large requirements for servicing sovereign external debt, is at a low level.

Related: Dollar's price climbs up in Ukraine

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