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Dismissal of the government caused hryvnia’s fall down

Dismissal of the government caused hryvnia’s fall down

Currency market reacted immediately to the political events in Ukraine. Several foreign exchange stations in Kiev have established the rate of US-dollar for today morning: 5 hryvnias 20 kopecks per 1 US-dollar. Regional foreign exchange stations offered even higher rate: 5 hryvnias 30 kopecks per 1 US-dollar.

Ukrainian citizens’ reaction is also quite predictable and traditional: to increase the demand for American currency. But the banks appeared to be absolutely unprepared to enlarge the currency selling, so sometimes customers are allowed to buy not more than 100 $ at once. Still the interbank currency market seems to be stable: its rate is 4 hryvnias 98 kopecks per 1 US-dollar. Nevertheless ICTV informs that the rush at foreign exchange stations will be stabilized in a few days.