Ukraine's international reserves reduce by 3,5% in September, - National Bank

Source : 112 Ukraine

As of October 1, Ukraine’s international reserves made $16,638 billion
18:05, 5 October 2018

Open source

Ukraine’s international reserves reduced by 3,5% in September 2018 and as of October 1, it made $16,638 billion, as National Bank of Ukraine reports.

The reserves cover 2,8 months of the coming export. At the same time, NBU assures that this amount is enough to fulfill Ukraine’s obligations and current operation of the Government and NBU.

Related: NBU refuses Belarusian bank to purchase of Sberbank branch in Ukraine

Reportedly, Ukraine’s international reserves decreased by 1,3% in May – to $17,7 billion.

Ukraine’s National Bank expects another tranche from the International Monetary Fund within the EFF program till the end of autumn.

Related: Poroshenko signs law criminalizing wood export from Ukraine

In early summer Yakiv Smolii, NBU Head, predicted that Ukraine can receive the fifth tranche from the IMF till autumn.

Earlier, former Finance Minister of Ukraine Oleksandr Danylyuk stated that he did not doubt that IMF will send another tranche, stressing that “we have to do that in June”.

Moreover, the representatives of the National Bank stated that Ukraine might receive another tranche from the IMF in autumn.  

Related: Ukrainian export increased by 12,7% in 2018

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