Ukraine

Ukraine’s international reserves decreased by 0.5% to USD 38.8 bln in November. The central bank reported selling USD 2.46 bln in the market last month while buying USD 3.7 mln. The interventions were lower compared to previous months, and the central bank noted that debt payments and interventions were balanced by USD 2.33 bln in foreign aid received. The reserves provide coverage for 5.2 months of future imports.