MOSCOW: Ukraine’s international reserves dropped by 20% over five months of 2026, TASS found out. According to the National Bank of Ukrain...
MOSCOW: Ukraine’s international reserves dropped by 20% over five months of 2026, TASS found out.
According to the National Bank of Ukraine, international reserves, including aid from Western allies, declined from $57.3 bln as of January 1 to $45.7 bln as of May 31 of this year.
Currency interventions of the Ukrainian central bank became the largest item of expenditures. In total $14.473 bln were sold in the domestic market but the hryvna continues declining.
Ukraine also paid interest on international loans and currency-denominated bonds. In total, the country paid $1.77 bln to lenders over five months of this year.
-News Feed
COMMENTS