On preliminary data, as of March 1, 2015, the international reserves amounted to $5.625 billion (in equivalent), the press-office of the NBU reports.
In February, its dynamics was mainly stipulated by payments made by the government and NBU paying off and handling the sovereign and guaranteed foreign currency debt ($539.1 million), including that of the International Monetary Fund. The NBU’s interventions in the currency markets reached $651.3 million that had an impact on the international reserves, with $560.4 million in targeted interventions. The purchase of foreign currency amounted to $144.7 million.
The proceeds from government bonds issued by the government of Ukraine in the accounting period made up $298.3 million.
Given that Ukraine is expecting a positive decision from the Board of Governors of the International Monetary Fund till March 11 this year as regards a new bail-out package, the international reserves today are sufficient enough that the government and NBU can fulfil financial obligations and make current operations in the short-term.
