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Ukraine’s foreign reserves decreased by 11% — $2 billion – through Nov. 1

Ukraine’s foreign reserves decreased by 11% -- $2 billion – through Nov. 1

Ukraine’s foreign reserves decreased by 11% — $2 billion – through Nov. 1, reports the Nati onal Bank of Ukraine. A turnaround came last week, with receipt of the $2 billion from the Eurobond placement. As of Monday, reserves are back up to $18.1 billion, enough to cover three months of imports, the report said. Last year, reserves grew by 21%, hitting $18.8 billion.

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