The net international reserves of the National Bank of Ukraine (NBU) in April increased by 4.7%, to $16.83 billion after a decrease of 9.4% in March, according to the regulator’s website. According to the report, in general for the four months of 2020, the National Bank’s net international reserves increased by 6.6%, or by $1.04 billion.
As reported, the net purchase of foreign currency by the central bank in the interbank foreign exchange market in April amounted to $678.8 million, while in March it spent $2.2 billion to support the hryvnia.
Net international reserves are calculated as the excess of foreign exchange reserves over the liabilities of the National Bank in foreign currency.
