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NBU's Currency Reserves Reach USD 26 bln

NBU's Currency Reserves Reach USD 26 bln

5 July 2008

The National Bank of Ukraine’s foreign currency reserves amounted to USD 25.9 bln at the end of June (+4.6% mom). Since the beginning of the year, reserves have increased 16.3% – in line with our forecast. We expect the NBU’s reserves to reach USD 28 bln by yearend.

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