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On July 21, the National Bank of Ukraine has adjusted the official exchange rate of the hryvnia to the US dollar and fixed it at UAH/USD 36.5686. Thus, the NBU took a step towards supporting the IT industry and considered the proposals set out in the official appeal of the Association. According to the National Bank’s estimates, the correction of the exchange rate will increase the inflow and, accordingly, the sale of foreign exchange earnings by exporters.
Taking into account the recommendations of experts, during a meeting with the management of the National Bank of Ukraine in May, the Council of Representatives of the “IT Ukraine” Association proposed to establish such an exchange rate regime that consider the interests of export industries and would allow a return to the floating rate in a short period of time.