Ukrainian central bank's net international reserves grow to almost US$7 bln in May

REUTERS

The net international reserves of the National Bank of Ukraine (NBU) in May 2018 grew by 3.8%, to US$6.955 billion.

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Since the beginning of the year, the NBU net reserves have expanded by 4.2%, according to the NBU website.

UNIAN memo. The NBU's net international reserves in 2017 increased by 58.5%, to $6.696 billion.

Ukraine's total international reserves stood at $18.120 billion as of June 1, 2018, which was 2.5% down against the figure recorded at the beginning of the year.

Building up net international reserves is one of Ukraine's obligations under the cooperation program with the International Monetary Fund.