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Interbank Hryvnia Rate Stable At 5.0150 UAH/USD (16:56, Monday, March 17, 2008)

On Monday, the interbank hryvnia rate remained stable at the level of 5.0150 UAH/USD after an increase on Friday.

According to dealers of commercial banks, at the beginning of the trading session the quotations fluctuated within 5.0100-5.0200 UAH/USD, then fell to 5.0120-5.0180 UAH/USD and by the end of the trading session to 5.0130-5.0170 UAH/USD.

The National Bank of Ukraine did not enter the market.

According to market participants, most of the transactions were concluded at the exchange rate close to 5.0150 UAH/USD.

The hryvnia has risen by 0.7% from 5.0500 UAH/USD on the interbank currency market since the start of this year.

As Ukrainian News earlier reported, the hryvnia rate fell by 0.099% from 5.0450 to 5.0500 UAH/USD in 2007.

The hryvnia rose by 0.099% from 5.0500 to 5.0450 UAH/USD in 2006.



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