The volume of international reserves is sufficient to maintain the stability of the foreign exchange market, the regulator ensures.
In July, Ukraine’s international reserves were reduced and on August 1 was worth $ 43.03 billion, 4.5%, or more than $ 2 billion less than a month ago. This was announced the day before the National Bank.
“Such dynamics are due to NBU foreign exchange interventions and the country’s debt repayment to foreign currency. These operations have been partially paid by receipts from international partners and the placement of foreign exchanges of internal state loan bonds (OVVZ money). Despite the reduction, the volume of international reserves is sufficient to maintain the monetary of the money market,” Report.
Thus, the net sale of the NBU currency in July was worth $ 3.46 billion.
At the same time, government exchange accounts at the National Bank received $ 2.12 billion in July, especially:
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$ 1.17 billion – from the European Union as part of the G7 initiative of the G7 extraordinary income for Ukraine (ERA);
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$ 513.2 million – from the IMF to the framework of the expanded fund facility – eff) mechanism;
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$ 414 million – from AC putting;
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$ 23.9 million – through World Bank accounts.
At the same time, $ 793 million was sent for maintaining and repaying public debt to foreign currency within a month, among them:
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$ 638.5 million – AC maintenance and payment;
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$ 85.1 million – Maintenance of external State Loan bonds;
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$ 61.2 million – World Bank loan maintenance and repayment;
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$ 7.1 million – EU debt service;
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$ 1.1 million – payment to other creditors.
In addition, Ukraine pays $ 2.6 million to the International Monetary Fund.
Also, in July, due to re -evaluation, the cost of financial instruments increased by $ 101.5 million.
Remember that in July, Ukraine’s international reserves increased by $ 2 billion. And before that, in June, they dropped the same amount. In March and April, reserves grew and reached a historical record – $ 46.68 billion. Prior to that, their volume was reduced within two consecutive months.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.