The current account of the balance of payments in October turned to a deficit owing to the worsening of the foreign trade balance, the NBU said.
Exports decreased by 6.6% month-on-month in seasonally adjusted terms, affected by further decrease in world commodity prices, in particular, for steel products and grain. At the same time, imports gained some momentum, an 11% increase as compared to the previous month in seasonally adjusted terms, due to growth in energy supplies.
It is also reported that net inflows of $549 million were recorded in the financial account in October, mainly thanks to official financing and a decrease in foreign cash holding outside banks.
As UNIAN reported earlier, Ukraine posted a deficit of Ukraine's balance of payments in January-September 2015 at $1 million against a $4.947 billion deficit registered in the same period in 2014.
In 2014, Ukraine's balance of payments turned to a deficit of $13.307 billion against a surplus of $2.023 billion in 2013.
