Hryvnia Sets Fresh Official Low as NBU Fixes 42.99 Per Dollar
Market pricing sits slightly above the reference rate, pointing to sustained currency pressure below the 2026 budget assumption.
Overview
- The National Bank of Ukraine set the official rate at 42.99 UAH per USD for January 9, with the euro fixed at 50.17 UAH.
- Friday’s setting marks the fourth consecutive official low for the hryvnia this week, following 42.71 UAH per USD on January 8.
- Bloomberg reported the interbank market around 43.075 UAH per USD on January 8, reflecting a weaker market tone than the reference.
- Retail quotes tracked higher than the official rate, with average bank sell levels near 43.35 UAH, cash exchanges around 43.20–43.41, and card rates at major banks about 43.28–43.29.
- The government’s draft 2026 budget assumes an average 45.6 UAH per USD, a weaker level than current trading and the official fix.