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Saturday, 29 March
economy

Ukraine's main banking regulator has canceled the calculation of the hryvnia to ruble exchange rate

The National Bank of Ukraine is introducing new approaches to determining the list of currencies to which the official hryvnia exchange rate is set daily, and is also canceling the list of currencies for monthly setting of the official exchange rate. The changes will come into effect on March 31, 2025.

This is reported on the website of the National Bank.

Thus, the National Bank will stop calculating such an exchange rate against the Russian and Belarusian rubles from March 31, 2025.

"Due to the increase in automation of calculations, operational risks have decreased, so the use of separate daily and monthly currency lists has become impractical. Therefore, the regulator is switching to a single daily currency list, which is in line with international practice," the NBU noted.

We previously wrote that the parliament took an important step towards the creation of the Ukrposhta bank.