Today at 12:19
Ukraine’s international reserves amounted to more than $ 31.6 billion (in equivalent) on September 1. This amount of reserves is a record since April 2012.
This is reported by UA with reference to the National Bank of Ukraine.
The National Bank notes that reserves increased by 9.2% in August due to the receipt of funds in the amount of USD 1.92 billion in special drawing rights (SDRs) within the general distribution from the IMF.
For most of August, the supply of foreign exchange in the interbank foreign exchange market prevailed over demand. This allowed the NBU to buy USD 368.8 million. At the same time, during August, the regulator sold USD 20.5 million in order to smooth out excessive fluctuations in the UAH exchange rate. In general, at the end of August, the net purchase of foreign exchange in the foreign exchange market amounted to USD 348.3 million.
To remind, Vice President of the European Commission and the European Commissioner for Trade Valdis Dombrovskis said that Ukraine has fulfilled all the basic conditions for receiving the second tranche of macro-financial assistance. Ukraine received USD 2.7 billion from the IMF on August 24. The purpose of these payments is to meet the global need to increase liquidity and the level of reserves, the NBU said.
