Balance of payments of Ukraine reduced surplus

Платежный баланс Украины свели с профицитом

The surplus of Ukraine’s balance of payments has increased twice.

The balance of payments of Ukraine in September was reduced with a surplus of $637 million, a 43.8% higher than the surplus a year earlier. On Tuesday, October 31, reported the press service of the national Bank.

According to preliminary data, in September of 2017 the current account deficit of the balance of payments of Ukraine remained at the level of September of last year and amounted to 998 million dollars, while it increased compared to August 2017 5.8 times due to scheduled interest payments on the restructured bonds.

Overall, the current account deficit for January-September 2017 $ 3,043 billion, which is 12.7% more than in the same period of 2016.

The regulator notes that the net income to the real sector in September ($0.5 billion) remained almost at the level of the previous month.

Slow reduction of volumes of cash currency outside banks (0.2 billion) were offset by rising debts on trade credits (by 0.3 billion us dollars).

Net foreign direct investment inflows in September amounted to 0.2 billion, more than 80% of which was directed to the real sector.

We will remind, the balance of payments of Ukraine in June 2017 was drawn with a surplus, which amounted to $306 million compared to $357 million in may and $970 million in April.