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Interbank Hryvnia Rate Down by 22 Kopecks To 5.5 UAH/USD (16:51, Tuesday, October 7, 2008)

On Tuesday, the interbank hryvnia rate fell by 22 kopecks to 5.5000 UAH/USD, after falling on Monday.

According to dealers of commercial banks, at the beginning of the trading session the quotations fluctuated within 5.3000-5.4000 UAH/USD, than rose to 5.4800-5.6000 UAH/USD and narrowed to 5.5500-5.6000 UAH/USD by the end of the trades.

The National Bank of Ukraine ignored the market.

According to the dealers, quotations run up to 5.7000-5.8000 UAH/USD.

According to the market participants, the majority of deals were made at the rate close to 5.5000 UAH/USD.

Since the beginning of the year, the interbank hryvnia has fallen by 8.9% from 5.05 UAH/USD.

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

The hryvnia rose by 0.099% from 5.05 to 5.0450 UAH/USD in 2006.



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