Overview
- The National Bank of Ukraine raised its policy rate to 15.5% and on Friday set the official USD rate at UAH 44.69, reversing intra-week pressure that had pushed interbank quotes toward UAH 45.
- Bloomberg reported interbank trades finishing at UAH 44.69, matching the NBU’s official rate and signaling a near-term appreciation of the hryvnia.
- Retail and cash rates remain above the official level, with average bank card sell prices near UAH 44.98–45.16 and cash exchange ranges around UAH 44.75–44.95.
- The NBU said the rate rise aims to keep hryvnia assets attractive, stabilize the foreign-exchange market, and anchor inflation expectations for a return to 5% by 2027.
- The government’s draft 2026 budget uses an average exchange-rate assumption of UAH 45.6 per dollar, which continues to shape market expectations and fiscal planning.