Ukraine's international reserves grow to nearly $28B - NBU

Ukraine's international reserves grow to nearly $28B - NBU

Ukraine's international reserves increased by 10.7% in November 2022 and amounted to $27.95 billion as of December 1.

That's according to the press service of the National Bank of Ukraine, Ukrinform reports.

"As of December 1, 2022, Ukraine's international reserves, according to preliminary data, amounted to $27.951 billion. This level is higher than at the beginning of Russia's full-scale war against Ukraine: as of the morning of February 24, 2022, they amounted to $27.422 billion," the report said.

The reserves increased by 10.7% last month thanks to the rhythmic inflow of international aid amid lower volumes of net sales of foreign currency by the central bank and the country's moderate debt payments in foreign currency.

In October 2022, Ukraine's international reserves increased by 5.5%, to $25.244 billion.

Sign up for our free newsletter

Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2023 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period: