Ukraine’s international reserves grew by more than $3 billion in June, according to Prime Minister Denys Shmyhal.
“Now they amount to more than $28.5 billion. This is the highest level of reserves in the last eight years. Current reserves cover almost five months of imports, and this is one of the key factors of macro-financial stability,” Shmyhal wrote on his Facebook page.
The National Bank of Ukraine earlier stated that as of May 1, Ukraine’s international reserves grew by 3.1% compared with March, which was equivalent to almost $0.8 billion. (Ukrinform/Business World Magazine)