Ukraine sees surplus in balance of payments in first seven months of 2020

Ukraine saw a surplus in the balance of payments in January-July 2020, according to the National Bank.

The surplus in the first seven months was estimated at US$7.025 billion against a US$2.908 billion deficit a year earlier, the NBU said on its website.

Balance of payments: background

Read alsoUkraine redeems US$1.69 bln eurobond – finance ministryThe balance of payments of Ukraine in 2019 was in surplus estimated at US$5.971 billion, which is double the figure in 2018. The country had posted the surplus for the fifth year in a row.

Other latest stats from NBU:

Ukraine's balance of foreign trade in goods and services for January-July 2020 was reduced with a deficit of $440 million against a deficit of $6.3 billion reported a year earlier.