Friday May 29, 11:38 AM
Ukraine forex reserves jump first time since Nov
KIEV, May 29 (Reuters) - Ukraine's foreign exchange reserves rose for the first time since November, jumping by around $3.3 billion due to the second tranche of an IMF loan and currency purchases by the central bank.
The central bank's top adviser, Valery Lytvytsky, told Reuters the regulator had bought around $133 million on the currency market in May after selling $946.3 million in April and a total of $5.4 billion in the first four months of 2009.
Also in May, the International Monetary Fund disbursed $2.6 billion to Ukraine, boosting reserves to $27.8 billion as of May 29 from $24.5 billion as of April 30.
(Reporting Natalya Zinets, writing by Dmitry Zhdannikov; editing by Robin Paxton) Keywords: UKRAINE RESERVES/
|
|
|
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
