: :inin Kyiv (EET)

NBU forecasts international reserves at $15.5 bln by year-end


The National Bank of Ukraine predicts the volume of international reserves at the end of the year to amount to $15.5 billion, Valeria Gontareva, the NBU Governor, told a Kyiv conference Wednesday.

”At the end of last year, we had reserves at $13.3 billion, and at the end of this [year] they will be at $15.5 billion,” said Gontareva.

According to Ms Gontareva, the forecast regarding the accumulation of international reserves deteriorated due to the delay of the next loan tranche from the International Monetary Fund.

As UNIAN reported earlier, the international reserves of Ukraine as of December 1, 2016 amounted to $15.271 billion, which is 1.6% less than November 1. In 2015, the foreign exchange reserves of Ukraine increased by 77%, or by $5.767 billion – up to $13.3 billion as of January 1, 2016.

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