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International reserves of Ukraine increased by 0.9% in November
17:39, 5 December 2017
International reserves of Ukraine increased by 0.9% in November

This way, they increased by 22% since the beginning of 2017 and renew the maximum for the fourth time since January 2014

17:39, 5 December 2017

112 Agency

The international reserves of the National Bank of Ukraine (NBU) increased by 0.9% up to 18.906 billion dollars in November as the press service of the NBU reported.

Preliminary, the international reserves of Ukraine made 18.906 billion dollars. This way, they increased by 22% since the beginning of 2017 and renew the maximum for the fourth time since January 2014.

Related: NBU bans transactions with Russian banknotes that have pictures of annexed Sevastopil on them

Particularly, the incomes in the profit of the state in the sum 670.4 million dollar, including 644 million dollars from the offering of the bonds of the domestic government loan denominated in the currency; expenses for the payment of the external loan to the IMF in the sum 447.1 million dollars; maintenance and discharge of the state and government-backed debt in the foreign currency in the sum of 358.3 million dollars.

Also, 100 million dollars from the international reserves were sent to pay the debt for swap operation with the authoritative bank dated October.

Related: Poroshenko ratifies financial agreement with European Investment Bank

49.1 million dollars were sent for the foreign exchange market intervention to level the excessive fluctuations connected to the temporary factors. 20 million dollars from this sum was sold during the intervention in the form of the request towards the best course.

At the same time, the NBU bought 188 million dollars at the interbank foreign exchange market by the holding of the intervention in the form of the request towards the best course.

Related: World Bank, Ukrainian government work on pension reform

The volume of the net purchases of the currency by the NBU at the interbank foreign exchange market made 138.9 million dollars last month.

The volume of the international reserves covers 3.7 months of the future import as at December 1.

As we reported the international reserves of Ukraine increased in 98.6 million dollars or by 4% and expressed in 18.736 billion dollars as at October 1, 2017.

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