On Wednesday, the hryvnia rate on the interbank currency market again remained unchanged at 4.60 UAH/USD where it was on Wednesday.

Dealers from commercial banks said at the start of the trading day quotations fluctuated within 4.59-4.61 UAH/USD; their range subsequently narrowed to 4.59-4.60 UAH/USD and by the end of the day they rose to 4.60-4.62 UAH/USD.

The National Bank made no dollar interventions.

According to market players, most of the deals were made at the rate close to 4.60 UAH/USD.

Since the start of the year, interbank hryvnia has risen by 8.91% from 5.05 UAH/USD.

On the same day, the NBU decided to buy excess euros on the interbank market at the rate of 7.3739 UAH/EUR.

Since the beginning of the year interbank hryvnia rate has risen by 8.91% from 5.05 UAH/USD.

At the same time, the NBU decided to purchase excessive euro volume on the interbank currency exchange at the rate of 7.3195 UAH/EUR.

Market players said a euro intervention was held with a view to increasing the share of this currency in the gold and currency reserves.

As Ukrainian News earlier reported, National Bank Deputy Chairman Oleksandr Savchenko said in mid-May that the central bank decided to increase the share of euros and reduce the share of dollars in its gold and currency reserves.

Savchenko noted that the share of euros in the NBU's gold and currency reserves was higher than that of the dollar as of May 19.

In 2007, the hryvnia to dollar exchange rate on the interbank market fell by 0.099% from с 5.0450 UAH/USD to 5.0500 UAH/USD.

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