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NBU: Ukrainian international reserves expanded by 1.1% in Jul
05.08.2015 16:13 "Agro Perspectiva" (Kyiv) —
"In Jul, the NBU bought US$163 million on the interbank market," NRCU reports quoting the NBU Deputy Head Oleg Churiy as speaking at a press conference in Kyiv today.
As to the report, Churiy also confirmed that the NBU on Aug 4 received US$1.7 milliard in a second tranche under the Extended Fund Facility program with the International Monetary Fund.
As to an earlier report, the EFF projects that Ukraine’s gross international reserves will grow to US$18.3 milliard by the end of the current year and to US$22.3 milliard next year, which will cover 3.7 and 4.2 months of imports respectively.
In 2017, 2018, and 2019, the reserves are expected to grow to US$28.5 milliard, US$35.2 milliard and US$38.4 milliard respectively, with their size being fixed at around 5.4 months of imports.
It is to be admitted, on Aug 4, NBU Governor Valeriya Gontareva announced her forecast for the international reserves, under which they will amount to «almost US$18 milliard» by the end 2015.
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