Ukraine's forex reserves to exceed $27 bln at end of 2020 - NBU

Ukraine's forex reserves to exceed $27 bln at end of 2020 - NBU

Ukrinform
Ukraine's foreign exchange reserves will reach over $27 billion at the end of 2020, Deputy Governor of the National Bank of Ukraine (NBU) Dmytro Solohub has said.

"At the end of this year, we forecast that the National Bank's reserves will cross the $27 billion mark. We include loans from international donors in this amount," Solohub said this at a briefing on Thursday.

Earlier, the NBU expected Ukraine's foreign exchange reserves to exceed $ 29 billion this year.

Ukraine's foreign exchange reserves shrank by 7.8% in March 2020, to $24.9 billion.

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