961

Ukraine's international reserves increase by USD 2.2 billion in March

As of April 1, 2025, Ukraine's international reserves, according to preliminary data, amounted to USD 42,380.0 million.

This is stated in the NBU message, the Ukrainian News agency reports.

In March, they increased by 5.6%.

These dynamics are due, on the one hand, to significant volumes of receipts from international partners, and on the other, to a decrease in the volume of net sales of currency by the National Bank on the foreign exchange market.

ADVERTISING

In general, the dynamics of reserves were determined by a number of factors.

First, receipts in favor of the government and payments for servicing and repaying the public debt.

The government's foreign exchange accounts with the National Bank received USD 5,980.2 million. Of this amount:

- USD 5,172.0 million - from international partners, including within the framework of the G7 Extraordinary Revenue Acceleration for Ukraine (ERA) initiative;

ADVERTISING

- USD 409.6 million – from the placement of foreign currency government bonds;

- USD 398.6 million – from the International Monetary Fund under the Extended Fund Facility (EFF) program.

In addition, Ukraine received a loan of USD 970.0 million in accordance with the agreement between Ukraine and the United Kingdom under the ERA.

These funds were not included in Ukraine’s international reserves due to their limited (targeted) use.

ADVERTISING

USD 786.7 million was paid for servicing and repaying the state debt in foreign currency, of which:

- USD 688.7 million – servicing and repaying foreign currency government bonds;

- USD 55.9 million – servicing and repaying debt to the World Bank;

- USD 42.1 million – payments to other international creditors.

ADVERTISING

In addition, Ukraine paid USD 729.2 million to the International Monetary Fund.

Secondly, the operations of the National Bank on the foreign exchange market of Ukraine.

In March, compared to February 2025, the net sale of currency by the National Bank decreased by 12.5%.

According to balance sheet data, the NBU sold USD 2,653.7 million on the foreign exchange market and bought USD 10.0 million to reserves.

ADVERTISING

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

In March, due to revaluation, the value of financial instruments increased by USD 409.7 million.

The current volume of international reserves provides financing for 5.2 months of future imports.

As the Ukrainian News agency earlier reported, in 2024, international reserves grew by 8% to USD 43.8 billion.

ADVERTISING

In 2023, Ukraine's international reserves grew 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.

Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.

To request a correction, please send an email.