UAH in the spotlight: latest news

KYT Group analysts have released their second issue for October 2025, which offers an analysis of the current state of the Ukrainian currency market along with a forecast for the hryvnia exchange rate against key currencies.

The Ukrainian budget for 2026 faces several challenges and gaps that need to be addressed. Officials have a few weeks remaining to finalize and enhance the budget details.

The sunflower market in Ukraine is experiencing tension as prices for sunflower seeds continue to rise, following the upward trend in sunflower oil prices.

An intriguing post regarding a central bank decision has sparked discussions among Ukraine's leading economists. This story is featured in the Kyiv Independent's Ukraine Business Roundup newsletter, which provides insights and updates on the business landscape in Ukraine.

Ukraine's trade deficit has surged to $42 billion due to a decline in exports coupled with a significant increase in imports. This growing imbalance is beginning to pose a serious challenge to the country's already struggling economy.

Wheat prices on US exchanges rose significantly last week due to optimistic expectations regarding a potential trade agreement between the US and China, which is anticipated to be signed in late October. This increase is providing support for purchase prices in Ukraine.

The Netherlands is set to provide Ukraine with €25 million to help restore and enhance its energy infrastructure. This funding will be utilized for the procurement of essential equipment and resources needed for the energy sector.

On October 28, Ukraine will experience cloudy weather, with the potential for wet snow in the Carpathian region.

The National Bank of Ukraine is managing a steady depreciation of the hryvnia, avoiding sharp fluctuations. Over the past week, the currency has seen a measured decline against the dollar.

The National Bank of Ukraine (NBU) has decided to keep its key interest rate at 15.5% in order to maintain stable monetary conditions. This measure aims to ensure the stability of the currency market and to make savings in hryvnias more appealing.

On October 28, the National Bank announced the official exchange rates, setting the dollar at UAH 42.07 and the euro at UAH 48.97.

The European Union is working towards finalizing a €140 billion credit agreement for Ukraine, utilizing frozen Russian assets. Concurrently, the International Monetary Fund is also involved in discussions regarding economic support for Ukraine.

The European Union is set to finalize a credit agreement of €140 billion for Ukraine, which will be funded by the frozen assets of Russia.

A city council member in Poltava has been discovered trying to conceal more than $4.7 million in cryptocurrency that he did not declare as assets.

The National Bank of Ukraine's Board has opted to maintain its key policy rate at 15.5%. This decision comes in light of a recent decrease in inflation rates over the previous months.

The National Bank of Ukraine has established the official exchange rate for the dollar at 41.89 hryvnias and for the euro at 48.55 hryvnias as of October 24.

Swedish defense company Saab is prepared to increase production of its Gripen fighter jets if a significant agreement to supply up to 150 planes to Ukraine is finalized.

Ukraine's central bank has decided to maintain its key interest rate at 15.5%, despite the persistent inflation caused by energy strikes. The bank has stated that it will not hastily devalue the hryvnia or reduce interest rates in response to pressure from the International Monetary Fund (IMF).

On October 27, 2025, official exchange rates indicate that the dollar has increased by 10 kopiykas, while the euro has risen by 21 kopiykas against the hryvnia.

On 24 October 2025, the official exchange rates for USD and EUR increased in Ukraine. The government has projected an average hryvnia exchange rate of 45.6 UAH per USD for the year 2026.

The National Bank has downgraded its GDP growth forecast for Ukraine to below 2% due to challenges in the energy sector and ongoing labor shortages that are hindering economic progress. The central bank has decided to maintain the key policy rate at its current level.

The National Bank of Ukraine has revised its 2025 GDP growth forecast, reducing the estimate from previous figures to 1.9%.

The National Bank of Ukraine has revised its economic growth forecast for 2025, lowering it from 2.1% to 1.9%. Additionally, the forecast for 2026 has been adjusted from 2.3% to 2%.

Ukraine's central bank announced on Thursday that it is maintaining its key policy interest rate at 15.5%. Additionally, the bank has revised its growth forecast for this year downward, attributing the change to ongoing Russian strikes on energy infrastructure.

The National Bank of Ukraine has updated its inflation forecast for 2025, reducing the estimate from 9.7% to 9.2%, according to NBU materials reported by the Ukrainian News Agency.