The dollar and euro are rising again: The NBU has set the exchange rate for April 30

The National Bank of Ukraine raised the official exchange rates for April 30—the dollar and the euro resumed their upward trend after a brief decline.

The official dollar exchange rate was set at 44.08 UAH, which is 1 kopeck higher than the previous day. The euro rose to 51.58 UAH—an increase of 8 kopecks.

Thus, both currencies resumed their upward trend after a slight correction the previous day.

Among the key factors putting pressure on the hryvnia, experts cite uncertainty regarding the potential receipt of €90 billion in EU funding for 2026–2027. A delay or reduction in aid could heighten devaluation risks.

The exchange rate is also influenced by the National Bank’s policy, which employs a managed floating exchange rate regime.

It is also noted that the euro’s performance in Ukraine largely depends on its exchange rate against the dollar in global markets: a strengthening of the European currency automatically pushes up its rate domestically as well.

At the same time, trading volumes on the interbank market remain moderate, and exchange rate fluctuations occur within the bounds of the regulator’s current currency policy.

The NBU has seta record for reserves and will transfer over UAH 146 billion to the budget.

As a reminder, the NBU may revoke MTB Bank’s license.