Ukraine’s international reserves estimated at USD 25 bln remain at the level of year-start - NBU

Ukraine's international reserves exceed $25 billion and remain at the level of the year-start, according to the National Bank of Ukraine (NBU).

"Considering interventions of previous days, Ukraine's international reserves currently remain at the level of the year-start and exceed $25 billion," the NBU wrote on Facebook.

The NBU emphasizes that the amount is sufficient both to smooth out excessive exchange rate fluctuations on the foreign exchange market and to fulfill all current external debt obligations.

In addition, the National Bank on April 8 sold $44.5 million on the foreign exchange market.

According to the regulator, demand was slightly higher than supply, and the hryvnia exchange rate fluctuated around UAH 27.3 per U.S. dollar.

According to the National Bank, in general, the situation on the foreign exchange market has normalized in recent weeks. The surge in demand from both businesses and households has completed. At the end of March, the National Bank returned for foreign currency purchase operations.

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