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Economy 2018-12-13T04:01:14+02:00
Ukrainian news
Ukraine’s International Reserves Up 5.8% To USD 17.7 Billion In November

Ukraine’s International Reserves Up 5.8% To USD 17.7 Billion In November

In November 2018, Ukraine’s international reserves increased by 5.8% year over year to USD 17.711 billion.

The press service of the National Bank of Ukraine announced this in a statement, the Ukrainian News Agency reports.

In compliance with preliminary information, the international reserves rose in November by USD 974.5 million to USD 17.7115 billion as at December 1, 2018.

The volume of international reserves rose thanks to attraction of funds by the Government and acquisition of foreign currency by the NBU in the interbank foreign currency market.

The Government obtained USD 2 billion from offering of eurobonds and USD 82.9 million from sale of government domestic loan bonds.

At the same time, payments on the state debt were lower than earnings from the sale of government domestic loan bonds.

In particular, in November, the Government and the NBU paid USD 439.1 million in favor of the International Monetary Fund (IMF).

Other payments in foreign currency made USD 238.2 million including USD 149.1 million was paid on government domestic loan bonds and USD 18.5 million - on eurobonds.

As Ukrainian News Agency earlier reported, Ukraine’s international reserves increased by 21% to USD 18.8 billion in 2017.


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