Photo: NBU press service
Ukraine’s reserves reached almost $ 31 billion
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The net acquisition of foreign currency by the National Bank alone in the interbank market exceeded $ 2.4 billion.
Ukraine’s international reserves over the past year increased by 6% or by $ 1.8 billion and at the beginning of 2022 amounted to $ 30.9 billion. website National Bank.
So, in December 2021, reserves increased by $ 342.5 million, or 1.1%.
In general, from external and internal sources in 2021, Ukraine received $ 11.2 billion, which almost offset the payments for servicing and repayment of the state debt in foreign currency ($ 11.5 billion).
It is noted that for most of the year, the supply of foreign currency on the market exceeded demand due to the favorable global environment for the main Ukrainian export goods. The NBU bought out surplus currency to replenish international reserves.
At the end of the year, the net acquisition of foreign currency by the National Bank exceeded $ 2.4 billion.
The current volume of international reserves provides funding for 4.1 months of future imports, which is enough to meet the obligations of Ukraine and the current operations of the government and the NBU.
Note, reserves grow for three months in a row after cutting nearly 3 billion dollars in September.
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