Ukraine's international reserves increased for the second time in a row and at the beginning of May 2025 reached a record level - $ 46.683 million. This was announced by the National Bank of Ukraine on Wednesday, May 7. In April, reserves increased by $ 4.303 billion, or 10.2%.
Growth has provided large currency revenues from Western partners, as well as the government of domestic government bonds (T -bills) in foreign currency. In total, more than $ 6.347 billion has received the NBU's accounts.
"Such dynamics are caused, on the one hand, by considerable amounts of revenues from international partners, and on the other - the least since April 2024 the volume of net sales of currency by the National Bank in the foreign exchange market," the NBU noted.
At the same time, the costs of servicing and repayment of public debt in foreign currency amounted to about $ 518 million, another $ 82.1 million was paid by the IMF.
At the same time, the volume of net sales of currency by the regulator in April decreased by 17.1% compared to March. The NBU sold $ 2.2 billion, and bought only $ 17.5 million.
The revaluation of financial instruments, in particular due to the change in market value and exchange rate fluctuations, was also separately influenced. She added another $ 742.5 million to the reserves.
The National Bank noted that the current volume of international reserves allows to cover imports of goods and services within 5.6 months is much higher than the critical level.
