NBU: Ukraine’s debt repayment in early Sept not affects currency market

NBU: Ukraine’s debt repayment in early Sept not affects currency market

Ukrinform
The debt repayment by Ukraine in early September did not have a negative impact on the foreign exchange market.

NBU Governor Yakiv Smolii stated this at a press conference on Thursday, an Ukrinform correspondent reported.

"This week, Ukraine fully paid off debt to the International Monetary Fund under the Stand-By Arrangement launched in 2014. The Finance Ministry also paid arrears and interests on Eurobonds issued in foreign currency. These payments were laid down in macroeconomic forecasts and did not affect the foreign exchange market at all," Smolii said.

As reported, on September 3, Ukraine made the last payment in the amount of USD 156 million under the Stand-By Arrangement launched in 2014. The Finance Ministry also paid off USD 661.34 million in Eurobonds issued in 2015, and USD 444.36 million in interests.

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