International reserves fell to $16.6 billion

Международные резервы сократились до $16,6 млрд

International reserves of Ukraine decreased

The volume of international reserves cover of 2.8 months of future imports is sufficient to meet the obligations of Ukraine, reported the national Bank.

International reserves of Ukraine in September decreased by 3.5% and as of 1 October was 16,638 billion. On Friday, October 5, reported on the website of the national Bank.

It is noted that the volume of international reserves in September was affected by the operation of the government. Payments on servicing and repayment of public and publicly guaranteed debt in foreign currency in September was 711,2 million dollars. USA (equivalent). Of them 562,3 million dollars. The US was the service costs on the bonds of external state loan and 103.2 million dollars. USA – the servicing and repayment of bonds internal state loan.

Also influenced by the interventions of the National Bank of Ukraine. In September, the NBU sold on the interbank currency market 74,2 million dollars. USA to smooth excessive fluctuations. Of these, 34.1 million us dollars. The United States was sold through the intervention for the best prices and 40.1 million dollars. USA through an auction.

At the same time, last month the national Bank purchased on the interbank currency market 127,1 million dollars. United States through intervention in the selection of the best prices.

Also on the change in reserves was influenced by the increase in the value of financial instruments (change in market value of the hryvnia to foreign currencies) in the amount of 13.5 million dollars. USA (equivalent).

As of October 1, 2018, the volume of international reserves cover of 2.8 months of future imports is sufficient to meet the obligations and current operations of the government and the National Bank.

Recall, over the summer, the reserves of Ukraine decreased by almost $ 750 million.

It was also reported that as of June the external debt of Ukraine is 2.6 times higher than the volume of foreign exchange reserves of the country.

 

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