Viktor Shulyk has told about the decrease in the volumes of international reserves

Traditionally Ukraine does not have enough currency. What, in particular, is shown by the reduction in the international reserves of the National Bank. In the absence of progress in relations with the IMF, the trend will deepen. Apparently, anticipating the increase in risks, the National Bank raised the discount rate to 17.5%, despite the current price and exchange rate stability. Does the decline in international reserves below $ 17.5 billion approach the financial catastrophe find out in the comments by Mr. Viktor Shulyk, director of the Director of the research department of the IBI-Rating agency, for the FOCUS magazine.
For more information please contact:
Press service of IBI-Rating
(044) 362-90-84