As of May 1, 2023, Ukraineʼs international reserves amounted to $35 943.2 million. This amount of reserves is a record for the last 11 years.
The National Bank of Ukraine (NBU) informed about this on May 4.
In April, reserves increased by 13% due to inflows from international partners against the backdrop of the fact that the National Bank reduced sales of foreign currency.
So, last month, $5.9 billion went to the government. Of them: $2.7 billion — within the framework of the IMFʼs new expanded financing program; $1.7 billion — macro-financial aid from the EU; $1.3 billion — from the United States through the World Bank Trust Fund.
In addition, for the fourth month in a row, the amount of currency sold by the National Bank on the foreign exchange market has decreased. This dynamic during April was determined, in particular, by industry factors — a decrease in energy resource imports, an increase in the sale of foreign currency for sowing, and a certain intensification of the work of mining and metallurgical enterprises.
- As of December 1, 2022, Ukraineʼs international reserves exceeded the pre-war level for the first time and reached almost $28 billion.