REUTERS
The National Bank of Ukraine (NBU) expects that Ukraine will receive the third bailout tranche of the International Monetary Fund (IMF) that will help increase the country's international reserves to $15 billion, according to a posting on the website of the regulator, citing the NBU Governor Valeriya Gontareva.
"We plan to receive the third tranche of the [IMF] loan, which will allow to increase the gold and forex reserves of the National Bank of Ukraine to $15 billion," a statement reads.
Read alsoIMF sees first signs of Ukraine's economic recoveryAs UNIAN reported earlier, Ukraine's international reserves in October increased by $188 million, or 1.5%, amounting to $12.962 billion as of November 1, 2015.
On October 2, the IMF mission completed its second review of the EFF program for Ukraine but it did not announce any decision regarding the continuation of cooperation with Ukraine.