Ukraine’s international reserves grew to $18.9 bln

Ukraine’s international reserves grew to $18.9 bln

International reserves of Ukraine have updated the maximum for the fourth time since January 2014 and totaled USD18.906 billion as of December 1, 2017, the press service of the National Bank of Ukraine (NBU) reports.  

“International reserves of Ukraine amounted to USD 18,905.7 million as of December 1, 2017 (in equivalent), according to preliminary data. Thus, since the beginning of this year, they have grown by almost 22%, and updated the maximum for the fourth time since January 2014,” reads a report.

As of December 1, the volume of international reserves covers 3.7 months of future imports and is sufficient to meet the obligations of Ukraine and the current operations of the government and the National Bank.


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