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Ukraine forex reserves fell 4% in April – central bank

By:
Reuters
Published: May 6, 2022, 15:23 GMT+00:00

KYIV (Reuters) - Ukraine's international reserves fell to $26.945 billion as of end-April from $28.107 billion in March as a result of central bank foreign currency interventions currency to fulfill importers' demand, the bank said on Friday.

Ukraine forex reserves fell 4% in April – central bank

KYIV (Reuters) – Ukraine’s international reserves fell to $26.945 billion as of end-April from $28.107 billion in March as a result of central bank foreign currency interventions currency to fulfill importers’ demand, the bank said on Friday.

The central bank sold more than $1.5 billion and 472 million euros in April as the supply of foreign currency from exporters shrank due to the war with Russia.

(Reporting by Natalia Zinets, Editing by Timothy Heritage)

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