National Bank gold and currency reserves increased by 4.1% in April
As of May, 1 Ukraine's international reserves amounted to 13.241 billion.USD
According to preliminary reports, Ukrainian international reserves after reduction in March have increased by 4.1% or 519.5 million USD to 13.241 billion USD during April, - reported the National Bank of Ukraine press service.
As noted in the National Bank, thus, the volume of gold and currency reserves almost got back to the level reached at the beginning of 2016. Over the past 12 months, the reserves increased by 37.5%.
The increase of the reserves in April appeared primarily due to the purchase of foreign currency by the National Bank to smooth excessive fluctuations in the interbank foreign exchange market and to replenish reserves. Net purchase of foreign currency by the National Bank during the month amounted to 675.8 million USD.
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