Ukraine's forex reserves narrowed by 4.6 percent in June 2014, to $17.083 billion, reads a posting on the Web site of the National Bank of Ukraine (NBU).
According to the report, in H1, 2014, forex reserves shrank by 16.3 percent, from $20.416 billion.
According to the report, in June $1.038 billion was sent from the European Union to Ukraine.
In June, paying and servicing of state and guaranteed debt in foreign currency came to $1.977 billion, including payments of $193 million to the International Monetary Fund (IMF).
According to the report, in June, the NBU did not carry out interventions on the Ukrainian interbank currency market.
As reported, the IMF Executive Board on April 30 approved a two-year SBA worth SDR 10.976 billion (about $17.01 billion) for Ukraine. The IMF’s decision opened aid from other international financial institutions for the country.
It is planned that cooperation with the IMF will allow increasing the country’s forex reserves to $19.2 billion or 2.6 months of imports and bring them to $26.7 billion or 3.4 months of imports in 2015.
