Economy

Ukraine's FX reserves expand by 1% in Aug – NBU

Ukraine's FX reserves in August 2020 tentatively expanded by 1%, to $29.049 billion, according to a Monday posting on the website of the National Bank of Ukraine (NBU).

"As of September 1, 2020, Ukraine's FX reserves amounted to $29.049 billion (equivalent), according to preliminary data. In August, they increased by 1%, primarily due to the favorable situation in the FX market," the NBU said in the statement.

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