KIEV, Jan. 9 – Despite a 22.8%, or $7.248 billion, reduction of Ukraine’s international reserves last year, reserves remains sufficient, according to the National Bank of Ukraine.

"We have sufficient reserves. They are enough to fulfill all our obligations," said Valeriy Lytvytsky, head of the group of advisors to the NBU governor.

At the same time, he said that the central bank is ready to continue protecting the hryvnia exchange rate from speculative influences, including through currency interventions: the NBU does not set some minimum level of international reserves, a reduction below which is not allowed by the central bank.