Foreign exchange reserves rose in January to $ 13.4 billion.
In January foreign exchange reserves of the National Bank increased by 1% – to $ 13.442 billion.
Foreign exchange reserves of the National Bank in January increased by 1%, or $ 142 million – to $ 13.442 billion, according to the official website of the NBU.
“Capacity reserves contributed placement of T-bills, denominated in US dollars This will generate revenue to the government $ 486.1 million.” – said the regulator.
The balance of the proceeds of swap operations amounted to $ 84.5 million dollars.
The growth of reserves in January occurred in spite of the need for government payments to repay and service public and publicly guaranteed debt in foreign currency. For this purpose, in January, it was sent $ 422.7 million in particular, the $ 344.2 million dollars was directed for repayment and servicing of government securities, and $ 173.5 million. Payments to the government and the NBU in favor of the IMF.
In January, the NBU also carry out foreign exchange auctions for smoothing excessive exchange rate fluctuations hryvnia. As part of the auction within one month the regulator currency bought for $ 43.5 million and sold – at $ 117.8 million, net sales of the National Bank currency during the January auctions totaled $ 74.3 million.
As of the end of January, the volume of foreign exchange reserves cover 3.4 months of imports and is sufficient to perform the obligations of the government and the NBU.
As reported, in December 2015 the National Bank’s gold and currency reserves increased by $ 152 to $ 13.148 mln- mlrd.do $ 13,300 billion, and for 2015 as a whole – have increased by 77%, or by $ 5.767 billion to $ 13.300 billion.
