Ukraine’s reserves have grown by a billion dollars

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Ukraine’s reserves have grown by a billion dollars

12.05.2021 News

In April, Ukraine’s international reserves increased by $ 965.30 million (by 3.6%) and as of May 1 amounted to $ 28 billion. This was reported on the website of the National Bank.

“In April, they increased by 3.6%, taking into account foreign exchange earnings in favor of the government and the revaluation of financial instruments,” – said in a statement.

The increase in reserves is explained by the placement of $ 1.25 billion of Eurobonds in Ukraine.

At the same time, the dynamics of reserves in April was affected by public debt management operations – the total amount of payments for servicing and repayment of public and state-guaranteed debt in foreign currency amounted to $ 556.1 million (in equivalent).

Despite the increase in April, reserves fell by $ 1.133 billion (by 3.9%) since the beginning of the year.

As of May 1, the volume of international reserves covers 4.3 months of future imports.

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