REUTERS
This is the highest indicator in the past seven years.
Ukraine's international reserves as of February 1, 2020, amounted to $26.293 billion, which was 4% higher than a month earlier.
This is the highest indicator in the past seven years, since November 2012, the National Bank of Ukraine (NBU) said on its website.
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According to the regulator, the growth in January was due to the successful placement of eurobonds by the government, as well as the NBU's administration of the reserves and forex operations.
As was reported, the government placed eurobonds worth EUR 1.25 billion late in January.
At the same time, US$656 million was spent on servicing and repaying the country's foreign currency state debt for the month.
Meanwhile, the Central Bank managed to replenish its reserves through the purchase of US$98 million in foreign currency on the interbank market. In addition, as a result of revaluation, the cost of financial instruments increased by US$170.6 million.
According to NBU estimates, the current reserves cover 3.9 months of future imports.
UNIAN memo. Ukraine's international reserves in 2019 grew by 22%, to US$25.3 billion, having reached a seven-year high. At the end of January, the National Bank improved the forecast for Ukraine's international reserves at the end of 2020 to US$29.3 billion from the previously projected US$24 billion.