Dollar Has Weakened, Euro Has Risen: NBU Exchange Rates for 28 September

The National Bank of Ukraine changed the official exchange rate of the hryvnia against the dollar and the euro for Monday, 28 of September. The dollar weakened, while the euro showed a slight increase.

NBU exchange rates For Monday, 28 of September, the NBU set the dollar rate at 44,84 hryvnias. Compared with Friday, 25 of September, the U.S. currency weakened by 13 kopecks. The euro rate for 28 of September was set at 51,13 hryvnias. On Friday the European currency cost 51,12 hryvnias. Photo: the official NBU exchange rate for 28 of September (RBK-Ukraine infographic) Also read: The dollar above 45 hryvnias: exchange rates at exchanges and in the largest banks on 25 of September. When a loan can be useful. As Taras Kozak, founder and president of the investment group “UNIVER,” explained in an interview with RBK-Ukraine, a loan can be a financial instrument to resolve certain issues, but much depends on the terms under which a person borrows money. In particular, this refers to banking products with a grace period when interest is not accrued. “Loans can be a good story if, for example, you do not pay interest on them. We know that there are certain banking instruments when a loan with no interest is charged, there is some grace period,” he noted. According to Kozak, a loan can be used to resolve a certain issue if, without it, that issue would have to be postponed. “A loan to solve one’s own issues. It’s better to use a loan to solve this issue than to postpone it forever,” the expert said. At the same time, Kozak emphasized that a loan should not be viewed as a tool that you should always use. “This does not mean you should always take out a loan, but as an instrument it is the same as a knife. It can bring benefits or harm. So the question is how you use it,” he explained.

Also read: Ukrainians ask the NBU to reintroduce paper banknotes 1, 2, 5 and 10 hryvnias: the gist of the petition