Ukraine's international reserves increased by 8% in 2024.

Ukraine's international reserves increased by 8% in 2024, reaching $43.8 billion by January 1, 2025. This was reported by the press service of the National Bank of Ukraine (NBU).

Last year, the country received substantial financial assistance from international partners amounting to approximately $42 billion, as well as attracted over $3.5 billion through the issuance of foreign currency government bonds.

These funds, combined with international aid, enabled the coverage of payments for servicing and repaying foreign currency state debt ($6.7 billion) and settlements with the International Monetary Fund ($3.4 billion).

Additionally, they compensated for the NBU's net interventions totaling $34.8 billion, aimed at selling currency to eliminate the structural deficit in the foreign exchange market.

As a result, international reserves reached a level sufficient to further support the stability of the exchange rate, emphasized the NBU.

December proved particularly significant, with reserves growing by 9.7%.

"This growth was driven by a record volume of inflows from international partners, which exceeded the net currency sales by the National Bank and repayments of external debt obligations," noted the NBU.