Ukraine’s international reserves as of February 1, 2021, according to preliminary data, fell to $28.821 billion (equivalent), which is $279 million less than at the beginning of January this year, the National Bank of Ukraine (NBU) has said.
“In January, they [the reserves] decreased by 1.1%, primarily due to the repayment of external and internal obligations of the state. At the same time, the intervention of the National Bank in the foreign exchange market and foreign exchange receipts in favor of the government partially counterbalanced the impact of payments for servicing the state debt,” the report says.