As of today, Monobank and PrivatBank have set the market exchange rate for card transactions (UPD)

Starting from July 6, PrivatBank and Monobank set the market exchange rate for non-cash transactions. First of all, this applies to card conversion rates.

Golovneotzhe, starting from July 6, at the market rate, there will be: cash withdrawals and Hryvnia transfers from currency cards in Ukraine; all types of operations abroad in foreign currency using Hryvnia cards. "The bank sets uniform currency exchange rates for card payments and purchase and sale of cash currency in its branches, based on the market situation, regulatory documents of the regulator, maintaining the integrity of the market and based on the interests of its customers," the bank's press service said. Details

On July 5, the National Bank of Ukraine set the official euro exchange rate at UAH 30.58. At the same time, in exchangers, it is approximately 35.59 Hryvnia per euro.

Updated 06.07.2022 at 11:48

Monobank also set the market exchange rate for card transactions starting from July 6.

On May 23, PrivatBank reported that the bank will maintain the rate of conversion of Hryvnia to foreign currency on its cards outside the country, which was in effect before the National Bank lifted restrictions on the upper limit of such a rate.

On May 20, the National Bank of Ukraine allowed financial institutions to sell foreign currency through bank cash desks and convert funds from Hryvnia cards abroad at any exchange rate. At the same time, the official exchange rate of the NBU remains unchanged. Thus, everyone who receives currency on cards will have to sell it at the official fixed exchange rate, and buy it at the market rate. This decision caused a great response. The DOU article, which contains the opinions of experts in economics and finance, as well as representatives of IT companies, on how the NBU's decision will affect Ukrainians and the IT industry in particular, can be found here.