REUTERS
The reserves shrank to US$21.4 billion in September.
Ukraine's international reserves shrank over large repayments on state debt in September.
They amounted to US$21.438 billion as of October 1, 2019, which was 2.6% down on September 1, 2019, the National Bank of Ukraine (NBU) said on its website.
In September, the government and the National Bank paid US$1.974 billion to service and repay foreign currency state debt, including US$1.224 billion in eurobond repayments.
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The expenses were partially offset by revenues from the placement of government bonds in foreign currency in the amount of US$546.9 million.
In addition, the favorable situation in the foreign exchange market allowed the National Bank to replenish reserves by purchasing foreign currency worth US$930.3 million.
It is also reported that the current reserves cover 3.4 months of future imports and are 3% higher than at the beginning of the year.
UNIAN memo. Ukraine's international reserves in 2018 increased by 10.6% to US$20.820 billion, updating a five-year high.
In September 2019, the government handled this year's largest debt payment: US$661 million on eurobonds of 2015 and US$444 million in accrued interest on bonds of the same year that are maturing in 2019-2023.