International Reserves in Ukraine
Ukraine - International ReservesGDP grew solidly in the third quarter, according to a flash estimate. Although the details behind the release are not yet available, buoyant private consumption was likely in the drivers’ seat given wages continued to grow strongly in the period and consumer confidence soared to a 12-year high in September. Industrial production, however, recorded a fourth consecutive drop in September, suggesting the industrial sector likely restrained overall activity somewhat. Meanwhile, on the political front, an IMF mission returned to the country in November to resume negotiations on a new program to replace the USD 3.9 billion arrangement expiring in January. Reports suggest that the future of PrivatBank, which was forcibly nationalized in 2016, remains a sticking point in talks. A quick approval of a new arrangement could help stoke improving confidence in the economy, although delays risk curtailing gains.
Ukraine - International Reserves Data
|International Reserves (USD)||20.4||7.5||13.3||15.5||18.8|
5 years of economic forecasts for more than 30 economic indicators.
Ukraine International Reserves Chart
Source: National Bank of Ukraine and FocusEconomics calculations.
|Bond Yield||19.00||0.0 %||Jul 27|
|Exchange Rate||24.18||0.30 %||Nov 21|
|Stock Market||519||0.21 %||Nov 21|
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November 25, 2019
Industrial production plunged 5.0% over the same month last year in October, which marked the worst reading since April 2017.
November 15, 2019
GDP growth moderated to 4.2% year-on-year in the third quarter, according to preliminary data released by Ukraine’s Statistical Institute.
November 11, 2019
Consumer prices rose 0.7% month-on-month in October, which matched September’s increase.
October 25, 2019
Industrial production contracted 1.1% over the same month last year in September, which marked the third fall in four months although was a softer drop than August’s 1.7% decrease.
October 24, 2019
At its 24 October meeting, the National Bank of Ukraine (NBU) decided to cut the key policy rate to 15.50%, from 16.50%.