KYIV, Aug 6 – According to preliminary estimates of the National Bank of Ukraine (NBU), Ukraine's international reserves in July fell by 1.8%, or by $572.3 million, to $37.2 billion.
"Such dynamics were driven by the NBU’s FX interventions to compensate for the structural deficit of foreign currency and smooth out exchange rate fluctuations, as well as by Ukraine’s FX debt repayments. These transactions were partially offset by funding received from international partners and inflows from the placement of FX domestic government debt securities," the central bank said on its website on Tuesday.
|