Ukraine’s international reserves decreased to $15.2 billion

29.11.2016 11:13 248

Ukraine’s international reserves decreased to $15.2 billion as of the end of November, while a month ago they amounted to $15.5 billion, Interfax-Ukraine reports, citing a source in banking circles that quotes NBU Governor Valeria Gontareva.

“Gontareva voiced these figures during a regular meeting with representatives of the largest banks. According to the NBU governor, the current forecast for currency reserves projected at $17.5 billion by the end of the year will be reconsidered, because Ukraine will not receive the fourth tranche in the amount of $1.3 billion from International Monetary Fund until the end of the year,” reads a report.

“We won’t be able to reach the previously projected level, now the situation is not critical, but next year it could become a threat to financial stability,” Gontareva stressed.

The NBU governor also noted that Ukraine next year must to pay off over $1 billion to the IMF and $1.6 billion on external debts.

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