Analysts believe that the Ukrainian economy performed surprisingly well in 2023. As noted in the Atlantic Council, in the fall of 2022 Ukraine was forced to print money, and in December 2022, inflation rose to 27%. However, the budget deficit was offset with $40B of international ... #CurrencyMarket #financeUkraine #UkraineBudget2024 #UkraineEconomy #Ukraineinternationalreserves
Since the war began, Ukrainian banks have exported more than $720M worth of currency and metals and imported $10.4B. In particular, through August, banks exported more than $537M in cash abroad, NBU statistics show. Most likely, the banks exported the cash to exchange abroad for electronic currency. Perhaps these ar... #financeUkraine #foreigncurrency #PreciousMetals #Ukraineinternationalreserves
Despite the large volume of currency sales in January, Ukraine’s international reserves grew to $30B. According to the National Bank, during the first month of the year, reserves increased by 5% to $29.9B. The National Bank received $4.33B into the government’s currency accounts during the month... #NationalBankReserves #nbu #Ukraineinternationalreserves
Ukraine increased its share of international reserves in dollars. The share of US dollars in Ukraine’s international reserves increased from 80.2% to 83.6% in 2022. This happened due to the dollar’s growth against the main world currencies last year. At ... #nbu #NBUInternationalReserves #Ukraineinternationalreserves
Ukraine’s international reserves exceed the pre-war level. As of December 1, Ukraine’s international reserves amounted to $27.95B and exceeded their level at the beginning of the war, which was $27.4B. In November, reserves increased by 10.7% due to an ... #nbu #NBUreserves2022 #Ukraineinternationalreserves
The NBU predicts an 8.6% reduction in international reserves by the end of the year. The National Bank of Ukraine predicts a decrease in international reserves in the second half of 2022 by 8.6% – from $22.8B to $20.8B, according to the regulator’s forecast released at a b... #internationalReserves #TheNationalBankofUkraine #Ukraineinternationalreserves
International reserves grew by 6% last year. As of January 1, 2022, Ukraine’s international reserves, according to its preliminary data, amounted to $ 30.9 B. In 2021, they increased by $ 1.8 B, or 6%. The International reserves have incre... #nbu #Ukraineinternationalreserves #UkraineReserves
Ukraine’s international reserves grew by 3% in November to $30.55 bln. The growth was mainly due to the receipt of the second tranche from the IMF. Foreign exchange earnings for the government amounted to $493.1 mln, including €250 mln from Cargill Financial Services, an... #Ukraineinternationalreserves #UkraineReserves
Boosted by bond sales and high export commodity prices, Ukraine’s international reserves increased by 2% in July, hitting $29 billion , 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, ... #Ukraineinternationalreserves #Ukrainereserves2021
