Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
KIEV, March 05. /TASS/. The international reserves of the National Bank of Ukraine (NBU) dropped in February 2015 by 12.4% to $5.6 billion, the regulator reported Thursday.
"According to preliminary data, as of March 1, 2015 international reserves in Ukraine totaled $5.625 billion," the report said.
The drop in reserves "was caused by making payments by Government and the National Bank of Ukraine with redemption and service of government and government-backed debts in foreign currency ($539.1 mln), including payments into the International Monetary Fund. Besides, the level of international reserves was influenced by National Bank interventions on the sale of foreign currency at $651.3 mln, $560,4 mln of which was sold for targeted interventions. Interventions on purchase of exchange totaled $144.7 mln," the report said.
The National Bank of Ukraine also said Ukraine has enough gold and currency reserves to meet its commitments in the short-run.
"Given that Ukraine counts upon a positive decision by the International Monetary Fund (IMF) board of directors regarding extension of a new package of financial aid already on March 11, as of today the international reserves of Ukraine will suffice to meet commitments and current operations of Government and the National Bank in the short-run," the report said.