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National Bank to Increase International Reserves To USD13.6 Bn In 2005

National Bank to Increase International Reserves To USD13.6 Bn In 2005

1 April 2008

Currently, Ukraine’s Central Bank holds USD11.9 bn in international reserves. Concorde Capital: The level to which the bank said it will increase reserves seems realistic. From January to March, the Central Bank increased its international reserves by 25% to USD11.9 bn, approaching its August 2004 peak level of USD12.2 bn.

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