The National Bank of Ukraine (NBU) intends to revise its approach to calculating the official exchange rate of the hryvnia by excluding several currencies, including the Russian and Belarusian rubles, the Iranian rial, and others. This information was provided by the regulator's press service.
Previously, the NBU calculated using two lists of currencies—daily and monthly. Now, there are plans to create a single daily currency basket that will include currencies from the first group of the classifier and currencies from countries that account for at least 95% of trade turnover with Ukraine.
As a result of these changes, only 44 currencies will remain in the basket, eliminating currencies such as the rubles of Russia and Belarus, as well as currencies from Algeria, Brazil, Armenia, Iran, Iraq, Morocco, Kyrgyzstan, Tajikistan, and other countries with low trade turnover with Ukraine.
This list of currencies will be reviewed every three years or more frequently if trade turnover with the relevant countries falls below 90%.
Previously, we reported that Zelensky answered whether the war will end in 2024 this year.