By 12 a.m. on January 19, 2016, one dollar bought UAH 25,10 on the interbank market.

“As of 11.54 a.m. the Hryvna is being traded in a range of 24,7-25,1 against the dollar,” said Ukrdealing.

The Euro vs Hryvna exchange rate stood at 26,9-27,3, while the Russian Ruble vs Hryvna exchange rate was set at 0,315-0,32.

It was reported earlier that Ukraine’s National Bank cut the official hryvnia rate to 24,63 to the dollar, According to the National Bank, the slump was caused by the worldwide holiday season.