Gold and foreign exchange reserves of Ukraine exceeded $30 billion
[ad_1]
Ukraine’s gold and foreign exchange reserves “are at a historical maximum” over the past 10 years, they have exceeded $30 billion. informed April 9 Advisor to the President of the country Oleg Ustenko. These funds, he said, will be enough to cover imports to Ukraine for more than 5 months.
In early April, the National Bank of Ukraine specified that gold and foreign exchange reserves increased by 10% in March and reached $31.9 billion, a record for 11 years. “The current volume of international reserves provides financing for 4.2 months of future imports,” the NBU reported.
The situation is considered stable if the reserves cover at least three months of imports, Ustenko said. He also noted that inflation in Ukraine is projected at 25% this year. But this figure may rise, the official said.
[ad_2]
Source link
