International reserves decrease by 5% to USD 54.8 billion in February

Ukraine's international reserves as of March 1, 2026, according to preliminary data, amounted to USD 54,753.4 million.

This is evidenced by the data of the NBU, the Ukrainian News agency reports.

In February, they decreased by 5%. This dynamics was due to the NBU's foreign exchange interventions and the country's debt payments in foreign currency. These operations were only partially offset by receipts from international partners and from the placement of foreign foreign currency domestic government loan bonds. Despite the decrease, the volume of international reserves is sufficient to maintain the stability of the foreign exchange market.

In general, the dynamics of reserves in February 2026 was determined by a number of factors.

First, the NBU's operations in the foreign exchange market of Ukraine.

In February, the NBU's net sale of foreign currency decreased by 19.8% compared to January 2026. According to its balance sheet, the NBU sold USD 2,989.5 million in the foreign exchange market.

Second, revenues in favor of the government and payments for servicing and repayment of public debt.

The government's foreign exchange accounts at the National Bank received USD 1,000.4 million in February, including:

USD 690.8 million through the World Bank accounts within the framework of the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative;

USD 309.6 million from the placement of government loan bonds.

A total of USD 804.1 million was paid for servicing and repayment of the public debt in foreign currency, including:

USD 472.2 million - servicing and repayment of domestic government loan bonds;

USD 331.9 million - payments to other creditors.

In addition, Ukraine paid USD 279.7 million to the International Monetary Fund.

Third, revaluation of financial instruments (due to changes in market value and exchange rates).

In February, the revaluation of financial instruments increased the value of financial instruments by USD 152.5 million.

The current volume of international reserves provides financing for 5.7 months of future imports.

As the Ukrainian News agency earlier reported, Ukraine's international reserves increased by more than 30% to USD 57.3 billion in 2025.

In 2024, international reserves grew by 8% to USD 43.8 billion.

In 2023, Ukraine's international reserves increased by 42% to USD 40.5 billion.

In 2022, international reserves decreased by 7.9% to USD 28.5 billion.

In 2021, international reserves increased by 6% to USD 30.941 billion.