Business news from Ukraine

Business news from Ukraine

UKRAINE’S INTL RESERVES EXCEED $28.5 BLN

Ukraine’s international reserves have grown to over $28.5 billion, which is 12.6% more than as of December 1, 2020 ($25.3 billion), Head of the Council of the National Bank of Ukraine (NBU) Bohdan Danylyshyn has said.
“The international reserves of the NBU on December 28 remained at a level close to an eight-year high – more than $28.5 billion, having increased by $3.2 billion since the beginning of the year,” he wrote on Facebook.
He added that the balance of foreign exchange interventions of the NBU since the beginning of the year amounted to $1.1 billion.
As reported, at the beginning of this year, Ukraine’s international reserves amounted to $25.302 billion, and net international reserves some $15.785 billion.
In the structure of reserves at the beginning of the year, securities accounted for 84.2%, cash, correspondent accounts and deposits for 10.9%, and gold for 4.8%.

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