The National Bank of Ukraine (NBU) has announced the official exchange rates for Tuesday, July 14. Both key foreign currencies — the US dollar and the euro — have appreciated against the national currency. This follows several days of relative stability in the foreign exchange market.

The regulator set the new official rate for the US dollar at 44.67 hryvnias. This is 18 kopecks higher than the previous day's figure. On Monday, July 13, the dollar was trading at 44.49 hryvnias. Thus, the American currency has come close to the 44.70 hryvnia mark.

Euro Exceeds 51 Hryvnias Again

The European currency demonstrated a more noticeable increase. The official exchange rate for the euro on July 14 was 51.05 hryvnias, which is 19 kopecks higher than the day before (50.86 UAH). This means the euro rate has once again crossed the psychologically important threshold of 51 hryvnias.

The trend in exchange rates indicates a resumption of the strengthening of foreign currencies. After a period of calm, the market is once again reacting to current economic conditions.

Inflation and Regulator Forecasts

Currency fluctuations are occurring against the backdrop of a complex inflationary situation in the country. In June 2026, annual inflation in Ukraine slowed to 7.2%, and on a monthly basis, prices even decreased by 0.1%. According to the National Bank, these figures correspond to the regulator's forecasts.

However, core inflation, which reflects long-term price trends, accelerated to 8.1%. The NBU explains this growth by an increase in business operating expenses. Companies are forced to pay more for electricity, fuel and lubricants, and personnel wages.

Regulator experts warn that inflationary pressure may intensify in the coming months. The main factors that will determine price dynamics will be:

  • Further increase in business labor costs;
  • Possible revision of water supply tariffs;
  • Increase in public transport fares.

According to the NBU, it is these internal economic factors that will have a decisive influence on pricing in the Ukrainian economy in the foreseeable future.