Strong food exports and plummeting oil and gas import prices pushed Ukraine into a current account surplus in April,

Tuesday, June 2, 2020
Strong food exports and plummeting oil and gas import prices pushed Ukraine into a current account surplus in April,

Strong food exports and plummeting oil and gas import prices pushed Ukraine into a current account surplus in April, reports the National Bank of Ukraine. The surplus of $1.4 billion was a switch from a deficit of $292 million in March. For the first four months of this year, the current account surplus was $1.8 billion, compared to a deficit of $242 million during the same period last year. Alfa-Bank Ukraine reports that since the start of this year, gas prices are down 71%, and oil prices are down 43%.

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