REUTERS
Ukraine's international reserves as of September 1, 2017, amounted to US$18.035 billion in the equivalent, which was 1.3%, or US$240 million, up on August 1, being the highest level since the beginning of 2014, according to the National Bank of Ukraine (NBU).
Since the beginning of the year, the reserves have expanded by 16%, the NBU said.
The regulator says that the assets in August grew due to government receipts worth US$351.5 million from the placement of domestic bonds denominated in foreign currency. NBU forex interventions on the interbank market also made their contribution, as the central bank's net forex purchases totaled US$234 million.
Read alsoHryvnia’s troubled autumnAt the same time, the government and the NBU transferred US$448.7 million in payment to the International Monetary Fund and funds to service and repay foreign state debt totaled US$50.1 million.
As of September 1, 2017, the international reserves covered 3.6 months of future imports and were sufficient to fulfill Ukraine's liabilities and handle current operations of the government and the central bank.
Read alsoUkraine to pay $2 bln on foreign currency debts before year-endAs UNIAN reported earlier, Ukraine's international reserves as of August 1, 2017, amounted to US$17.795 billion in the equivalent, which was 0.97% down on July 1.
The NBU reviewed its forecast for the country's international reserves, projecting US$20 billion by the end of 2017 and US$27.1 billion by the end of 2018.