Ukraine’s international reserves as of January 1, 2026 reached 57.29 billion US dollars, which was the highest figure for the entire period of the state’s independence. This was reported by the National Bank of Ukraine.
In December In 2025, reserves increased by 4.6% compared to November, primarily due to significant foreign exchange inflows from international partners. The NBU noted that several key factors influenced the dynamics of reserves at the end of the year.
First of all, these are the government’s operations to service and repay the public debt, as well as external financing. The government’s foreign exchange accounts with the NBU received almost 6.9 billion US dollars, most of which was received through World Bank mechanisms and European Union financial assistance under the Ukraine Facility program. Additional funds were also raised through the placement of domestic government bonds.
At the same time, the state made payments on external obligations in the amount of over 668 million USD, and also transferred 171.4 million USD to the International Monetary Fund.
Another important factor was the activity of the National Bank in the foreign exchange market: in December, the regulator sold over 4.7 billion USD and slightly replenished reserves by purchasing foreign exchange. In addition, the revaluation of financial instruments had a positive impact.
“In December, as a result of revaluation, the value of financial instruments increased by 1,162.3 million USD. USA», – reported the NBU.
In general, according to the results of 2025, Ukraine’s international reserves increased by 30.8%, which became one of the key macrofinancial achievements of the year.
