Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Tuesday, November 21, 2017

National Bank of Ukraine releases latest international reserves data

The international reserves of the National Bank of Ukraine were $21.652 billion as of Sept. 1, according to preliminary data.

Downward pressure came from the repayment of sovereign bonds worth $392 million and the scheduled repayment of an IMF loan of $961 million. They were partly offset, however, by earnings from the placement of government bonds worth $226 million.

The bank did not participate in the interbank foreign exchange market in August.

The National Bank of Ukraine is the central bank of Ukraine, a special central body of the state administration, with legal status, objectives, functions, powers and principles for organization determined by the Constitution of Ukraine, the "On the National Bank of Ukraine" law and other Ukrainian laws.