Ukraine’s international reserves rose to $35.9 billion in April, a record high in the last 11 years. In this respect reported On the website of the National Bank of Ukraine (NBU).
The publication said, “As of May 1, 2023, Ukraine’s international reserves have reached $35,943.2 million, according to preliminary data. This reserve volume is the record for the last 11 years.”
According to the NBU, reserves increased by 13% in April, mainly due to international aid. Thus, in April, $5.85 billion was collected from the government’s foreign exchange accounts at the Central Bank. Of this amount, $2.7 billion was from the IMF, $1.65 billion was from the European Union in the form of macro-financial aid, and $1.25 billion. – through the placement of foreign currency bonds of domestic government credit.
At the end of March, the head of the Central Bank of Ukraine Oleksiy Pyshny declarationThat the Ukrainian authorities will no longer consider a “dangerous” option of issuing the national currency (hryvnia) to finance military operations with Russia. This tool (new hryvnia issuance) is undesirable for the local economy.
Previously, it was reported that the net profit of Ukrainian banks in the January-February period increased by 2.2 times compared to the same period last year, reaching 21.5 billion hryvnia, or about 582 million dollars.