The national Bank predicted growth and decline of foreign exchange reserves
Next year the international reserves of the National Bank of Ukraine is expected to grow to 27.1 billion dollars from 20 billion dollars at the end of 2017.
Such forecasts of the NBU laid the basic principles of monetary policy for the year 2018 and the medium term. This document today, September 18, approved the Board of the national Bank.
In 2019, the reserves will be reduced to 25.7 billion dollars. It was in this year ends the current programme of IMF lending. Also, Ukraine will have to pay debts on previous loans.
And in 2020, growth will begin again – to 25.9 billion dollars.
Forecasts of the NBU international reserves
$ 20 billion
27.1 billion dollars
25.7 billion dollars
25.9 billion dollars
Recall, as of 1 September 2017, the international reserves of the National Bank of Ukraine amounted to 18 billion 34.8 million US dollars in equivalent (provisional). The last time this figure was three years ago, at the beginning of 2014. And since the beginning of this year, the reserves increased by 16%. In particular, in August they added 1.3%, or 240 million dollars.