National Bank reveals volume of Ukraine's foreign reserves

International reserves of Ukraine now total US$18.5 billion, Deputy Governor of the National Bank of Ukraine Oleh Churii told a briefing Thursday.

"Reserves as of today are approximately at $18.5 billion, taking into account the national bank's intervention," he said.

According to Churii, recently the regulator has been conducting interventions, purchasing foreign currency almost daily.

Taking into account the updated international reserves indicator, in February, reserves decreased by 0.4%.

Read alsoUkraine's central bank spends almost $16 mln to support hryvnia in JanAs UNIAN reported earlier, Ukraine's international reserves as of February 1, 2018 amounted to $18.580 billion, which is by $228 million, or 1.2%, lower than the volume recorded as of January 1.

In 2017, Ukraine's foreign reserves increased by 21% to $18.808 billion. The National Bank forecasts the growth of Ukraine's international reserves by the end of 2018 to $20.5 billion.