Ukraine hryvnia falls into the abyss

The national currency of Ukraine in relation to the American dollar dropped to its new historic lows.

National Bank of Ukraine (NBU) on Tuesday, August 12 lowered the official exchange rate of hryvnia to the dollar since 12.82 to 13.14 hryvnia for one dollar. For the Ukrainian currency is a new historic low. The former was shown April 14, 2014, when the quotes down to the level of 12.97 hryvnia for one dollar.

According to the Russian ruble and the hryvnia has updated its historical minimum (shown April 14), the rate dropped to 3.52 UAH / RUB 10. to 3.64 UAH / RUB 10. The new phase of weakening of the hryvnia began in late July, when Prime Yatsenyuk announced his desire to retire.

With the continued drop in prices hryvnia on Monday, August 11, at the head of the Verkhovna Rada called NBU Valery Gontareva. The head of the National Bank said that “macroeconomic grounds for a substantial weakening of the hryvnia no” drop in prices tied to the continuation of the armed conflict in eastern Ukraine.