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National Bank raises hryvnia exchange rate by 25%

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The National Bank of Ukraine raised the official exchange rate of the hryvnia against the U.S. dollar to 36.5 on July 21. According to the NBU, it fixed the exchange rate to support the resilience of the Ukrainian economy during the war.

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The Kyiv Independent news desk

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"Russia is playing for time here, and in doing so is also acting against the will of the American president. In today's talks, I called for increasing the pressure on Moscow," German Chancellor Friedrich Merz said on March 3 after meeting with U.S. President Donald Trump.

The Ukrainian Institute of America (UIA) will convene technology innovators, defense experts, investors, policymakers, and scholars for a conference examining Ukraine’s emergence as a global driver of technological innovation under wartime conditions.

The committee was created by order of Lidia Izovitova, head of the association. Izovitova has faced criticism for allegedly being a protégé of pro-Kremlin politician Viktor Medvedchuk. Izovitova's tenure as head of the association ended in 2022, and she has been accused of holding her position illegally.

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