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                        SATURDAY, NOVEMBER 30, 2024
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Populist unrest could endanger forex reserves, NBU governor warns
Journal Staff Report

KIEV , Nov. 24 – The pause in international financial support to Ukraine caused the populist policy of some political forces and their attempts to achieve early election, if protracted further than early 2017 would result in reduction of the country's forex reserves and create a serious risk to the achieved macroeconomic stability, National Bank of Ukraine Governor Valeriya Gontareva said.

"If we continue cooperation [with international financial institutions, IFIs] early next year it is not much as if we do not do this… I want that everyone understands that if we have $15.5 billion of reserves today we would start losing reserves each day," she said at a meeting of the NBU Council in Kiev on Thursday.




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Currencies (in hryvnias)
  29.11.2024 prev
USD 41.60 41.60
RUR 0.383 0.370
EUR 42.86 42.80

Stock Market
  28.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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