On March 19, 1 USD to cost 27.68 UAH, - National Bank of Ukraine

Source : 112 Ukraine

The U.S. currency witnessed minimal cheapening
18:47, 18 March 2021


The National Bank of Ukraine set the new exchange rate for foreign currency. 1 U.S. dollar will cost 27.68 UAH, reads the message on the Bank's official website.

Compared with the previous working day, the U.S. currency witnessed minimal cheapening, by 0.01 Ukrainian hryvnias.

Euro also cheapened by 0.01 UAH; the new exchange rate will make 32.97 UAH.

Russian ruble's exchange rate will make 0.373 UAH.

Related: On January 27, official dollar rate in Ukraine to make UAH 28.15

Earlier, Oleh Ustenko, the economic counselor of President Volodymyr Zelensky said that the inflation level in Ukraine would make approximately seven percent. The increase of prices will be caused by the situation on world markets. "When the world economy is recovering, there is an increase in prices for the commodity group. This is the cost of transportation, energy costs, for example, the cost of oil. The second factor is that we live in an open economy, and the grain that we produce, metals, can always be sold outside the country. And it seems like a good harvest that we expect this year - but the price may be higher due to the fact that the demand in the world market is increasing. Add there transportation costs, costs for the industrial group, and you will see inflation of 7%, "the presidential adviser explained.

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

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