Ukraine’s international reserves at the end of February stood at $15.5 billion against $15.445 billion at the beginning of the month, Head of the National Bank of Ukraine (NBU) Valeriya Gontareva has said.
“We plan to increase our reserves, if the situation on the foreign exchange market allows us to do it,” Gontareva said.
She explained currently there was risk of losing $2 billion in foreign exchange earnings due to the continuing traffic blockade of Donbass, which could disrupt these plans.
At the same time, the NBU head stressed the baseline scenario of continuation of cooperation with the IMF allowed for neutralizing these risks in terms of their significant impact on the price and exchange rate situation. (Interfax/Business World Magazine)
Your advertisement under each post on this site. DETAILS