In September, Ukraine’s international reserves decreased by 8.1% to $38.9B. As noted by the National Bank, this dynamic results from the NBU’s currency interventions to cover the structural currency deficit on the market and smooth out exchange rate fluctuations, as wel... #Creditors #financeUkraine #internationalReserves #nbu #OVDP #UkraineDebtRepayment #worldbank
Due to debt repayment, Ukraine’s international reserves decreased by 2.9% to $37.9B. As noted by the National Bank, June’s dynamics were caused by the NBU’s currency interventions to cover the market’s currency deficit and smooth out exchange rate fluctuations and th... #CurrencyMarket #internationalReserves #nbu #ukrainedebt #UkraineDebtRepayment #UkraineFacility #worldbank
The NBU’s currency restrictions threaten defaults in the corporate sector and an increase in the cost of loans to the state. Oleksandr Vodoviz, the top manager of the Metinvest group, noted: “The largest easing package was introduced in May 2024: businesses were allowed to take foreign currency abroad to pay loans and... #CurrencyRestrictions #Metinvest #nbu #OleksandrVodoviz #UkraineDebtRepayment #ukrainianbusiness
How big is the national debt, and how much do Ukrainians owe? According to the Ministry of Finance data, the state’s and state-guaranteed debt as of April 1, 2024, amounts to ₴5.9T ($149B). Since 2020, this amount has increased significantly, mostly due to the f... #ebrd #EIB #ExternalDebt #imf #ukrainedebt #UkraineDebtRepayment #UkraineEconomy #worldbank
Fears about Ukraine’s default were allayed in the Ukrainian parliament. The WSJ reported the other day that some owners of Ukrainian Eurobonds want Ukraine to resume servicing its obligations starting next year, with up to $0.5B in interest payments annually. If the parti... #DanyloHetmantsev #DebtRestructuring #DefaultUkraine #Eurobond #UkraineBond #UkraineDebtRepayment
The Ministry of Finance has postponed the repayment of Ukraine’s foreign debts, which will save up to $15B. Finance Minister Serhiy Marchenko signed an amendment to the Memorandum of Understanding that postpones state and state-guaranteed debt payments with a group of official creditors from the G7 and Pari... #nbu #SerhiyMarchenko #ukrainedebt #UkraineDebtRepayment
The Ministry of Finance has raised the forecast of payments on public debt in 2022 by ₴17.91 bln ($687 mln) to ₴456.4 bln ($17.4 bln). At the same time, the forecast for payments in 2021 was reduced by ₴2.1 bln ($80 mln) to ₴593.89 bln ($22.6 bln), for domestic debt by ₴1.05... #NationalBankofUkraine #nbu #PublicDebt #UkraineDebtRepayment #UkrainePublicDebt
