Reserves grew due to the receipt of financing from international partners, which paid for the sale of foreign currency by the National Bank and payments for public debt service.
On April 1, Ukraine’s international reserves reached $ 28.1 billion, which is 2% more than at the beginning of March ($ 27.5 billion). This was reported by the National Bank on Wednesday, April 6th.
It is indicated that the reserves have increased mainly due to the receipt of financing from international partners, which paid for the sale of foreign currency by the National Bank and payments for public debt service.
The total amount of government payments for servicing and repayment of state debt in foreign currency reached $ 283 million. Moreover, in March, the NBU and the government paid $ 680 million to the IMF;
In total, last month the National Bank sold $ 2,476 million in the foreign exchange market and bought back $ 748 million. As a result, the central bank’s net foreign currency sales were $ 1,728 million, the report said.
Earlier, the National Bank said that Ukraine’s reserves are higher now than before the war, thanks to financial assistance from the EU, IMF and World Bank.
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Source: korrespondent
