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Gold and currency reserves of Ukraine increased by 4.1% in April.

Gold and currency reserves of Ukraine increased by 4.1% in April.

Posted in News.

Month reserves Ukraine increased by 4.1%
The representative of the press service of the Ukrainian Rates reported that according to available data the regulator, last month the total volume of gold and currency reserves of the NBU increased by 519.5 million USD(or 4.1%) and reached a level of 13 240.99 million USD.
The growth of reserves last month was mainly due to the foreign exchange auction of the National Bank of buying foreign currency on the interbank market to smooth excessive fluctuations in exchange rates.
“Last month the National Bank conducted 13 auctions, during which the net purchase of foreign currency amounted to 528.4 million dollars. In this case the regulator did not hold auctions to sell foreign currency”, – said the representative of the National Bank.

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