The National Bank of Ukraine has established new official exchange rates for May 5, 2025, registering a rise in the value of major foreign currencies. According to the regulator’s data, the US dollar rate increased by 11.46 kopecks, reaching 41.7091 hryvnias. The euro rose by 23.19 kopecks, setting at 47.3127 hryvnias, reports the Baltimore Chronicle, citing NBU.
On the interbank currency market, the dollar ranged between 41.66 and 41.71 hryvnias per unit, which is 4 kopecks higher compared to the previous day. On the cash market, the dollar increased by 10 kopecks, reaching 41.80 hryvnias.
At the end of April, the US dollar rate rose by 9 kopecks, reaching 41.56 hryvnias. Analysts from the investment company ICU noted that the actions and communications of the NBU indicate a low probability of significant hryvnia weakening, despite external sector imbalances. In 2025, around 57.2 billion US dollars of direct budget support is planned, with 10.1 billion of that expected to remain available for future expenditures. The NBU’s international reserves are projected to reach 56 billion dollars by the end of the year, strengthening the regulator’s ability to maintain currency market stability.
Earlier we wrote about will the Chinese yuan replace the dollar in global finance.