As of December 1, 2024, the volume of international reserves of Ukraine reached 39.92 billion US dollars. This is 9.1% more than a month earlier. Such an indicator indicates the financial stability of the country and is determined by several key factors, including significant international financial support, a decrease in the sale of currency by the National Bank and a positive revaluation of assets. About this informs NBU
In November, Ukraine received significant assistance from international partners, which became one of the main sources of the growth of reserves. The foreign currency accounts of the government received 6.68 billion US dollars, in particular:
- 4.79 billion dollars. USA from the World Bank;
- 1.35 billion dollars. USA from the US Government;
- 235 million dollars. USA from Japan;
- 99.9 million dollars. USA from South Korea;
- 191.9 million dollars. the USA from the placement of foreign currency bonds of the domestic government loan (OVDP).
At the same time, the government paid out 433.8 million US dollars for the servicing and repayment of the state debt in foreign currency, of which the largest sums went to servicing currency government bonds, debts to the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD) and the World Bank. In addition, Ukraine managed to fulfill its obligations to the International Monetary Fund in the amount of 263.8 million US dollars.
The National Bank of Ukraine continued active activity on the foreign exchange market. In November, it sold $2.71 billion and bought back $4.4 million in reserves. As a result, the net sale of the currency amounted to 2.71 billion US dollars, which is 21% less than in October. Such dynamics contributed to the reduction of pressure on reserves and their stabilization.
Another important factor in the growth of reserves was the positive revaluation of financial instruments. In November, their value increased by $71.9 million due to changes in the markets.
The current volume of international reserves provides import financing for 5 months, which is an important indicator for maintaining the macroeconomic stability of the country. Data on reserves are published monthly: preliminary – by the 7th, and updated – by the 21st of the following month.
