NBU plans to get fourth IMF tranche of $1.3 bln by year end

15:46, 27.10.2016 1 min read

The National Bank of Ukraine (NBU) still hopes by the end of the year to get the fourth tranche from the International Monetary Fund (IMF) under the EFF program in the amount of $1.3 billion, NBU Deputy Head Dmytro Solohub has said at a briefing in Kyiv.

"This sum will be used to replenish international reserves, which by the end of the year, according to the NBU's estimates, will come to $17.5 billion," he said.

According to Solohub, the NBU's international reserves will also be supplemented by revenues from the European Commission in the amount of about EUR660 million and interventions in the forex market.

Solohub said the National Bank bought about $200 million at foreign exchange auctions in October.