NBU revises upwards forecast for Ukraine's intl reserves in 2019, to almost US$23 bln

The regulator also revised its balance of payments forecasts.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

The National Bank of Ukraine (NBU) has revised upwards its forecast for Ukraine's international reserves in 2019 from US$21.7 billion, to US$22.9 billion.

Read alsoCentral bank in Ukraine buys US$134.5 mln on Oct 7-11

The forecast for 2020 was also improved from US$22.8 billion to US$23.9 billion, while that for 2021 remained at US$23 billion, according to the regulator's website.

The NBU also revised its balance of payments forecast, expecting a surplus at US$2.6 billion instead of US$0.6 billion in 2019, that at US$0.6 billion instead of US$0.2 billion in 2020, and a deficit at US$1 billion instead of US$0.4 billion in 2021.

UNIAN memo. Ukraine's total international reserves as of October 1, 2019, stood at US$21.438 billion, which was 3% up from the figure as of January 1, 2019.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!