The balance on the special account the National Bank of Ukraine (NBU) opened to support the Armed Forces of Ukraine is about UAH 2.48 billion. “Over UAH 74 million was remitted to the special account last week,” the National Bank press service said. The NBU has already transferred over UAH 17.7 billion to meet the…
In the current 2021-2022 financial year (September 1, 2021 – August 31, 2022), Ukraine produced 1,450,000 tons of sugar, or 130.5% of the production of the previous financial year. Sugar was produced by 33 factories. According to the sugar supply and demand balance calculated by the Ministry of Agrarian Policy and Food of Ukraine, the…
Since the beginning of 2022, Ukraine has paid off $1.5 billion in foreign debt, Oleh Ustenko, adviser to the President of Ukraine on economic issues, has said. “We had to repay $3 billion for this year. We have already repaid $1.5 billion this year and we have another $1.5 billion left to pay off until…
The National Bank of Ukraine (NBU) sold $309.2 million and bought $223.22 million on the interbank foreign exchange market over the past week. Following foreign exchange interventions, between July 18 and July 24, the National Bank sold $309.2 million on the interbank foreign exchange market and bought $223.22 million. Since the start of 2022, the…
Each regional administration, whose territories were temporarily seized by Russian troops, created food reserves to provide local residents with food supplies as soon as such areas were liberated, the Agrarian Policy and Food Ministry reported. “Today, basic food packages and food reserves have been created at each regional military administration, whose territories are temporarily under…
Ukraine’s foreign exchange reserves are expected to decrease to $21 billion until the end of 2022. The relevant statement was made by National Bank of Ukraine (NBU) Deputy Governor Sergiy Nikolaychuk at a briefing. “We expect that the foreign exchange reserves will slightly decrease until the end of the year, approximately to $21 billion. They…
Inflation in Ukraine will exceed 30% in 2022. The head of the National Bank of Ukraine, Kyrylo Shevchenko, said this at a briefing on July 21. “According to our forecast, the growth rate of consumer prices will exceed 30% at the end of 2022,” Shevchenko said. He added that inflation in June rose sharply and…