In October, the international reserves of Ukraine decreased by 0.2%. It happened due to the costs for service and payment of the state debt in foreign currency - $632.2 million.
It is reported that such volume of the international reserves covers three or four months of the future import and it is sufficient for the implementation of commitments of Ukraine and current operations of the government and the National Bank.
As we reported, the Ministry of Economic Development, trade and agriculture of Ukraine expects the volume of remittances from migrant workers to Ukraine may reach 12 billion dollars this year.
Besides, the economy may grow by 3.7% in 2020. At the same time, according to the forecasts of the Ministry of Economy, by the end of next year, the inflation rate can decrease to 5.5%.