Finance

Boosted by bond sales and high export commodity prices, Ukraine’s international reserves increased by 2% in July, hitting $29 billion

Friday, August 6, 2021

, reports the National Bank of Ukraine. The Finance Ministry in July placed $526 million worth of Eurobonds and sold $140 million in domestic government bonds. With more money coming in from exports, the bank bought $188 million net in July. At the same time, the country paid $417 million to service foreign currency debt in July. With the influx of dollars, the hryvnia has appreciated by 5% against the dollar since January.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
Friday, August 6
Energy

A Ukraine court ruled that a titanium and magnesium plant 49% owned by oligarch Dmytro Firtash should return to full state ownership

Next post
Friday, August 6
Finance

“Although governments around the world resorted to increased borrowing to fight the pandemic and stimulate economic growth, most of their borrowing has come at near-zero interest rates,

Morning Economic Digest

Straight, factual, timely and investable business news and economic trends from Ukraine, Europe’s next Frontier Economy.

Previous Main Topics

Subscribe