According to the Central Bank, Ukraine’s international reserves as of August 1, 2020, stood at $ 28.8 billion. In July reserves grew up by 1% on the back of the government’s successful placement of Eurobonds, reads the NBU’s press release.
Ukraine’s banking sector has been relatively stable throughout the coronavirus crisis due to the implementation of the reforms and consistent monetary and exchange rate policies that secured Ukrainian macroeconomic and financial stability.
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