About the currency
The US dollar is the currency of the United States. The Federal Reserve conducts US monetary policy. The dollar is widely used in international trade and commodity pricing, so developments in the American economy affect currency markets well beyond the United States.
The dollar to hryvnia rate depends on NBU currency policy, demand for imports and foreign currency inflows into Ukraine. Federal Reserve interest rate decisions and US inflation also matter. People in Ukraine buy dollars for international payments, travel and savings. The official NBU rate is a reference point; the cash selling price depends on the bank or exchange office.
