Over the weekend, there was a significant adjustment in the dollar exchange rate at Ukrainian exchange offices, primarily in the selling segment. As of noon on Monday, August 11, the average rate settled at 40.99 hryvnias per dollar for buying and 41.7 hryvnias per dollar for selling. This means that the buying rate decreased by 2 kopecks, while the selling rate increased by 14 kopecks compared to the evening figures of Friday, August 8.
This is reported by Finway
Cash Dollar Rate in Banks
In the banking sector, the changes in the exchange rate were less pronounced. Here, the average cash dollar rate was 41.2 hryvnias for buying and 41.7 hryvnias for selling, demonstrating a decrease of 5 kopecks in buying. Thus, banks remain more conservative in changing currency quotes compared to exchange offices.
Overview of Rates in Leading Banks
Among the largest banks in the country, the dollar is offered for sale at rates ranging from 41.6 to 41.8 hryvnias. In particular:
- PrivatBank – 41.65 UAH
- Raiffeisen Bank – 41.6 UAH
- PUMB – 41.8 UAH
- Sense Bank – 41.7 UAH
- UkrSibbank – 41.75 UAH
- TAScombank – 41.75 UAH
- abank – 41.8 UAH
- ProCredit Bank – 41.7 UAH
Regarding currency purchases, banks set rates within the range of 41.05–41.31 hryvnias per dollar. For example:
- PrivatBank – 41.05 UAH
- Raiffeisen Bank – 41.31 UAH
- PUMB – 41.2 UAH
- Sense Bank – 41.25 UAH
- UkrSibbank – 41.15 UAH
- TAScombank – 41.05 UAH
- abank – 41.2 UAH
- ProCredit Bank – 41.2 UAH
“Over the weekend, Ukrainian exchange offices noticeably revised the dollar exchange rate – primarily in selling. Thus, by noon on Monday, August 11, they set it at an average level of 40.99/41.7 UAH (buying/selling), which is 2 kopecks lower in buying but 14 kopecks higher in selling than it was on the evening of Friday, August 8.”
The dynamics of the currency market indicate an increase in demand for cash dollars, which has affected the rise in the selling rate, while banks remain cautious in setting new quotes.