International reserves of Ukraine increases by 4% in October

Source : 112 Ukraine

Totally the level of the international reserves increased by 21% since the beginning of 2017
14:45, 7 November 2017

112 Agency

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, as the press service of the National Bank of Ukraine (NBU) reported.

Totally the level of the international reserves increased by 21% since the beginning of 2017.

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

According to the NBU, the flow-in of the reserves was provided by the proceeds of 185.3 million dollars in favor of the government, including 170.3 million dollars from the placement of the domestic government loan bonds nominated in the currency and proceeds from the swap deals with the authorized bank in the inner marker in the sum of 100 million dollars.

At the same time, 147.2 million dollars proceeded from the international reserves to the currency interventions that were made by the NBU to evening up the excessive fluctuations at the currency market under the influence of the temporary factors.

Related: Ukrainian banks made $130 million profit since beginning of year, - NBU

The NBU sold 181.2 million dollars at the international currency market, including 41 million dollars on the interventions in the form of the request for the better rate.

The amount of the international reserves absorb 3.7 months of the future import as at November 1 and it is enough for the discharge of the commitments of Ukraine and current transactions of the government and the NBU.

Related: National Bank of Ukraine expects another IMF tranche in first quarter of 2018

Earlier it was reported that the international reserves of Ukraine reached 18.6 billion dollars in September.

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