Hryvnia Weakens Against Dollar and Euro Amid Ukraine Budget Projections

The hryvnia has weakened against both the US dollar and euro in Ukraine as of August 11, according to data from the National Bank of Ukraine. The official exchange rate shows a slight decline in value compared to the previous day's rates.

The US dollar is now trading at UAH 44.83, up from UAH 44.75 on August 10. Meanwhile, the euro has risen to UAH 51.78, from UAH 51.61 the day before.

Average exchange rates at banks are also showing a similar trend. Banks are offering an average buying rate of UAH 44.59 for the US dollar and selling at UAH 45.10. For the euro, the buying rate is UAH 51.44 and selling at UAH 52.12.