NBU predicts reduction of international reserves to USD 32 billion in 2026

NBU predicts reduction of international reserves to USD 32 billion in 2026

Kyiv  •  UNN

 • 16877 views

The National Bank of Ukraine forecasts a decrease in international reserves to $32 billion by the end of 2026 due to a reduction in financial assistance and currency outflows. The reserves will remain sufficient to ensure the stability of the foreign exchange market.

A significant outflow of foreign currency from the private sector will lead to a decrease in Ukraine's international reserves. This was reported by the National Bank of Ukraine in its Inflation Report for July, UNN reports.

A reduction in international financial assistance amid significant net outflows from the private sector will result in a gradual decline in international reserves to $32 billion by the end of 2026. However, their level will remain sufficient to ensure the stability of the FX market

- the report says.

Recall

Ukraine's international reserves at the beginning of July amounted to USD 37.9 billion, decreasing by 2.9% over the month due to the NBU's foreign exchange interventions and foreign currency debt payments.

The NBU predicts an increase in heating and gas tariffs starting next yearAug 2 2024, 06:42 AM • 109453 views