Date: 5 months ago   Category: Financial

The balance of payments is consolidated with surplus in $1.1 billion


The balance of payments in November was consolidated with surplus at the level of 1.3 billion US dollars, and for January-November - with surplus in 1.1 billion dollars. The deficiency of the current account of the balance of payments in November, 2018, in comparison with October, was narrowed to 299 million US dollars. About it on Saturday, December 29, the press service of the National Bank of Ukraine reports. "In general in 11 months the deficiency of the current account was 4.4 billion US dollars in comparison with 1.7 billion US dollars in the corresponding period of last year", - it is said in the statement. It is specified that, despite some delay, in November export growth of goods (for 6.2% in annual measurement to 4.1 billion US dollars) first of all thanks to a record harvest of corn continued. "Physical volumes of deliveries abroad of grain crops in November reached a historic high (5.3 million tons), and their values grew by 1.6 times in annual measurement thanks to preservation of the high world prices. Growth of volumes of export of food products accelerated up to 27.2% in annual measurement, having reached a historical record (2.1 billion US dollars) and having provided more than a half of all export of goods", - noted in the NBU. Besides, it is noted that in general for January-November export of goods grew by 10% in comparison with the same period of last year to 39.5 billion US dollars. "Growth of import of goods in November significantly slowed down (up to 12.7% in annual measurement to 5.6 billion US dollars), first of all due to not power import", - emphasized in National Bank. It is known that in general for January-November import of goods grew by 15.5% in comparison with the same period of last year to 51.3 billion US dollars. As it is reported, as a result the balance of payments in November was consolidated with surplus at the level of 1.3 billion US dollars. At the same time the balance of payments for January-November is consolidated with surplus in 1.1 billion US dollars. Let's remind, the balance of payments of Ukraine in January-October, 2018 was consolidated with deficit of 254 million dollars. Also it was reported that the international reserves of Ukraine grew to $20.7 billion. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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