Ukraine’s gold and foreign currency reserves grow by $1.7 bln

Ukraine’s gold and foreign currency reserves grow by $1.7 bln

The National Bank of Ukraine has managed this year to buy $1.7 billion in gold and foreign currency reserves.

Deputy Governor of the National Bank of Ukraine Oleh Churiy said this in an interview with Ukrinform and UA|TV.

"The National Bank of Ukraine bought $1.7 billion in reserves. The sum is larger than it was stipulated the IMF program. We have the means to maintain the foreign exchange market in case if situation changes," Churiy said, adding that the international reserves amounted to USD 5.5 billion in February 2014.


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