Monthly chart: Dollar exceeds 40 hryvnias as Ukraine's budget needs gr

Details: Written by: Maksym Samoiliuk; 05.Jun; Hits: 187

The following is a chart based off of data originally published in the Kyiv-based Center of Economic Strategy's "Ukraine War Economy Tracker." The Kyiv Independent is republishing it with permission.

The Kyiv Independent

The Kyiv Independent is Ukraine’s fastest-growing English-language media outlet, created in November 2021, just three months before the full-scale Russian invasion of Ukraine.

Serve as the bridge between Ukraine and the world, delivering reliable news, context, and on-the-ground reporting.

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Dollar exceeds 40 hryvnias as budget needs grow Average daily official and market exchange rates UAH/USD Cash rate Official rate Source:NBU minfin.com.ua In May, the official dollar exchange rate exceeded 40 hryvias (Hr) per dollar for the first time in history.While the 40 hrynvia mark is perceived to be a worrying threshold, the weakening of the hryvnia is a small but useful help for the Ukrainian budget.

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https://kyivindependent.com/monthly-chart-dollar-exceeds-40-hryvnias-as-ukraines-budget-needs-grow/

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