The receipt of $2.7bn of the first tranche of the International Monetary Fund’s (IMF) extended EFF loan has boosted Ukraine’s international reserves to more than $32bn, First Deputy NBU Governor Yekaterina Rozhkova has said.
“Taking into account these funds, the amount of assistance received from our partners since the beginning of the year reached $13.6 billion, and international reserves of the National Bank of Ukraine exceeded $32 billion,” she wrote on Facebook.
As it was reported, the volume of interventions of the National Bank in March decreased to $1.67 billion from $2.43 billion in February and $3.08 billion and $3.16 billion in January and December.
Due to lower currency receipts from international partners and simultaneous growth of payments on foreign currency debts, Ukraine’s international reserves in February decreased by 3.5%, or $1.064 billion to $28.865 billion, but remained above the level of the beginning of the year at $28.494 billion.
