Date: 6 months ago   Category: Financial

The international reserves of Ukraine broke a new record


The international reserves of Ukraine following the results of 2018 grew by 10.6% and for January 1, 2019 made 20.8 billion US dollars. In 2018 the international reserves of Ukraine grew to a five-year maximum, having increased following the results of a year by 10.6%, and reached for January 1, 2019 20.8 billion dollars in an equivalent. About it on Wednesday, January 9, the press service of the NBU reports. "Following the results of 2018 the international reserves of Ukraine grew by 10.6% and for January 1, 2019 made 20.8 billion US dollars (in an equivalent), according to preliminary data", - it is said in the statement. It is specified that last time such level of reserves was recorded in October, 2013. As explained in National Bank, it was succeeded to increase the international reserves, first of all, thanks to receiving by Ukraine external financing and purchase of the NBU of surplus of currency in the interbank market. "The national bank had an opportunity to carry out clean purchase of currency for the sum of 1.4 billion US dollars without influence on the direction of the movement of hryvnia exchange rate", - emphasized in the regulator. It is noted that receipts from the IMF, the EU and the World Bank in support of macrofinancial stability and reforms in Ukraine made 2.4 billion US dollars. Besides, last year the government attracted 6.1 billion US dollars in foreign and domestic markets. "At the same time within a year funds from reserves were allocated mainly for payments of the government and the NBU on service and repayment of a public debt in foreign currency. Their total amount was 8.1 billion US dollars", - emphasized in National Bank. There also added that on gain of reserves increase in cost of financial instruments (change of market value, hryvnia exchange rate to foreign currencies) affected 230 million US dollars. Earlier international reserves of Ukraine grew to $20.7 billion after receipt on December 27 of 349.3 million euros the credit of Deutsche Bank under a guarantee of the World Bank. Let's remind, council of executive directors of the World Bank approved on December 18 granting guarantees to Ukraine of $750 million as support of state policy. The specified guarantee is designed to help Ukraine to attract in the state budget in the international markets about $1 billion. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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