Net international reserves of the National Bank of Ukraine (NBU) in July grew by 0.1%, to $17.520 billion. That’s according to a report released on the NBU website.
Net reserves have increased by 11% since the beginning of the year, the report said.
Ukraine’s international reserves as of August 1 amounted to $28.802 billion, up by 1% MoM.
Net international reserves represent a difference between gross reserves and the outstanding balance of the NBU and the Finance Ministry on loans issued by the International Monetary Fund. (UNIAN/Business World Magazine)