However, thanks to international assistance, the NBU will be able to maintain reserves at the proper level. “As of the beginning of May, the reserves, according to operational data, amounted to $26.6B. With sufficient international financial assistance, we will be able to maintain reserves at the proper level and even increase them,” said the Head of the National Bank of Ukraine, Kyrylo Shevchenko. Shevchenko recalled that the NBU fixed the dollar exchange rate at the 29.25-hryvnia level during martial law. However, fixing the rate is a temporary solution.
Ukraine’s international reserves fell by another $1.5B.
Ukraine's international reserves fell by another $1.5B.