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Interbank Hryvnia Rate Down By 5 Kopecks To 4.98 UAH/USD (17:14, Tuesday, March 25, 2008)

On Tuesday, the interbank hryvnia rate fell by 5 kopecks to 4.9800 UAH/USD after rising on Monday.

According to dealers of commercial banks, at the beginning of the trading session the quotations fluctuated within 4.9000-4.9300 UAH/USD, then rose to 4.9300-4.9800 UAH/USD and by the end of the trading session fell to 4.9800-5.0 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 4.9800 UAH/USD.

The hryvnia has risen by 1.39% from 5.05 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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