Ukraine’s foreign currency reserves increase by $287 mln in last month

15:49, 03 June 2015
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The foreign currency reserves of the National Bank of Ukraine (NBU) in May increased by 3%, or by $287 million, and now amount to $9.918 billion, NBU deputy head Oleg Chury said on Wednesday.

REUTERS

According to him, the rise in reserves was mainly caused by Ukraine placing $1 billion in five-year eurobonds guaranteed by the U.S. government, payments on public and publicly guaranteed debts of an amount of $758 million, as well as a positive balance of NBU interventions on the forex market, which were estimated at $69 million.

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