NBU's Gold & FX Currency Reserves Up 4.4% In October.

Reserves were listed at USD 14.88 bln as of October 31. 2005. Since the start of the year, the National Bank’s gold and FX currency reserves have expanded by 56.3%. Concorde Capital: If the National Bank buys out the USD 4.8 bln which the government received from Kryvorizhstal’s sale, its reserves will reach ~USD 20 bln as early as mid November, accounting for 23% of the estimated GDP this year.