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                        THURSDAY, OCTOBER 3, 2024
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Nation    

Ukraine’s balance of payments deteriorates in April: NBU
Journal Staff Report

KYIV, May 19 – A reduction in external financing and some growth in imports led to the fact that the situation with the balance of payments had worsened in April compared to March, Deputy Governor of the National Bank of Ukraine Serhiy Nikolaychuk has said.

The situation in April with the balance of payments actually worsened somewhat. If in March our balance of interventions for the sale of foreign currency on the market amounted to $1.7 billion, then in April this figure increased to $2.2 billion," he said.

Nikolaychuk said that if in March foreign exchange earnings in favor of the government amounted to $3.3 billion, in April they were already less than $2 billion, and, basically, the decrease was due to a reduction in external official financing.

Accordingly, if in March international reserves grew by $600 million, then in April they decreased by $1.2 billion," Nikolaychuk said. (om/ez)




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