Ukraine posts US$336 mln in surplus of balance of payments in Q1

Ukraine's balance of payments showed a surplus of US$336 million in January-March 2019 (Q1) against a $272 million deficit year-over-year (y-o-y).

The current account deficit over the period under review shrank by 20% to $422 million, according to the National Bank of Ukraine (NBU).

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The inflow to the financial account in Q1 totaled $769 million, which was 3 times up y-o-y.

In March 2019 alone, the surplus of the balance of payments was $652 million, it said.

As UNIAN reported earlier, Ukraine saw a surplus of the balance of payments in 2018 for the fourth year in a row, totaling $2.877 billion, which was 12% up from the surplus recorded in 2017.