Ukraine increased its share of international reserves in dollars.

Tuesday, January 10, 2023
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 the same time, according to the National Bank, the share of gold increased from 5% to 5.5%. It appreciated against the dollar last year by about 1.3%, although in absolute terms, its value in Ukraine’s reserves remained almost at the same level, $1.57B compared to $1.56B. At the same time, the share of the Japanese yen fell significantly, from 3.9% to 1.3%, the euro from 7.1% to 6.3%, and the British pound from 1.5% to 1.2%, and the share of the Chinese yuan decreased slightly, from 2.1% to 2%. In 2022, the euro depreciated against the dollar by 5.8%, the pound by 10.6%, and the yen by 12.2%.

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