LONDON, May 16 – Ukraine's international reserves have exceeded $39 billion for the first time in the country's history, and this “should send a positive signal," Petro Poroshenko, head of the Council the National Bank of Ukraine, said at the opening of the seventh Ukrainian Investment Summit organized by the Adam Smith Conferences in London on Monday.
Poroshenko added that the NBU forecasts the acceleration of GDP growth in 2011 to 5.3% Among other positive trends he named boosting the volume of credits to the economy in the first quarter of this year by 6%, and lowering the interest rate on the credits from 15.5% in the beginning of this year to 13%.
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