Date: 2 weeks ago   Category: Financial

The international reserves of Ukraine grew by $974 million


As of December 1 the volume of the international reserves covers three months of future import. The international reserves of Ukraine in November increased by 5.8% to $17.7 billion in comparison with October. On Wednesday, December 5, reported about it in the press service of the National Bank of Ukraine. It is noted that the international reserves grew for November by $974.5 million - to $17.7 billion as of December 1, 2018. The volume of the international reserves increased thanks to attraction of financial resources by the government and also as a result of purchase of currency by National Bank in the interbank market. It is noted that the government received $2 billion from placement of eurobonds and $82.9 million from sale of domestic government bonds. At the same time payments on a public debt were less, than receipts from sale of the state securities. In particular, in November the government and National bank paid in favor of the International Monetary Fund of $439.1 million (in an equivalent). Other payments of the government on service and repayment of a public debt in foreign currency made $238.2 million in an equivalent from which $149.1 million on government bonds of a domestic state loan and $18.5 million - on eurobonds. In total as of December 1, 2018 the volume of the international reserves covers 3 months of future import and is sufficient for implementation of obligations of Ukraine and the current operations of the government and National bank. Earlier in the IMF reported that the current level of the international reserves of Ukraine insufficient for macrostability maintenance. Let's remind, in October the international reserves of Ukraine grew by 0.6%. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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