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.

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.

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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.