KYIV, July 1 – The consolidated balance of payments of Ukraine in May 2019 saw a deficit of $750 million against a deficit of $45 million in April, a surplus of $652 million in March 2019 and $266 million in May 2018, which is associated with large payments on public debt and an increase in cash outside banks.
"Unlike previous periods, a significant capital outflow ($1 billion) was observed on the financial account. This was due to the planned redemption of sovereign eurobonds, which was only partially offset by a further increase in non-residents' investments in hryvnia-denominated government domestic loan bonds," the central bank noted in its publication.
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