USD sees minor increase in price in Ukraine on Friday

Source : 112 Ukraine

Euro got a bit more expensive, too
19:20, 10 September 2021


The interbank currency market in Ukraine is over for Friday, September 10. 1 US dollar cost 26.74-26.76 Ukrainian hryvnias. Minfin, Ukraine's financial portal reported that on September 10.

Thus, the American currency witnessed an insignificant increase, by 0.06 UAH.

Euro went up in price, too; its exchange rate made 31.64-31.66 UAH.

As we reported, the sum of the second IMF loan for Ukraine, which is part of the stand-by program could exceed 700 million U.S. dollars. Kyrylo Shevchenko, the head of the National Bank of Ukraine said so at a briefing.

According to him, the IMF mission's arrival in Kyiv is expected in September.

Related: Dollar's price climbs up in Ukraine

In June 2020, the IMF approved the stand-by program for Ukraine. The overall amount of funds made approximately five billion dollars. The first tranche followed immediately after that, and Ukraine received 2.1 billion dollars. Four rounds of revision of fulfillment of conditions were allocated, and four more tranches were supposed to follow. However, the schedule was broken, and the funding was suspended because Ukraine failed to live up to certain commitments.

Related: 2.7 bln dollars debt: Whole truth about "gift from IMF" to Independence Day

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