The National Bank of Ukraine released preliminary data showing Ukraine’s international reserves stood at USD 43.003 billion as of 1 February 2025, down 1.8% over January but still close to a record high. Reserves covered 5.3 months of future imports. Reserve dynamics reflected foreign exchange market operations, government flows, and valuation effects. Net foreign exchange sales fell 29.4% month-on-month, with the central bank selling USD 3,756.3 million and buying USD 6.6 million. Government foreign currency accounts received EUR 3,000 million from the European Union, while foreign currency public debt servicing and repayments totalled USD 535.8 million, including USD 373.3 million for domestic foreign currency government securities, USD 85.1 million for Eurobonds, USD 77.2 million to the World Bank, and USD 0.2 million to other creditors; revaluation increased reserves by USD 401.7 million. Preliminary international reserve and foreign exchange liquidity data are published no later than the seventh day after month-end, with revised data released no later than the 21st day after month-end.
National Bank of Ukraine 2025-02-07
National Bank of Ukraine reports international reserves at USD 43.0 billion after 1.8% January decline
The National Bank of Ukraine reported that international reserves were USD 43.003 billion as of 1 February 2025, a 1.8% decrease from January but near a record high, covering 5.3 months of future imports. Reserve changes were influenced by foreign exchange market operations, government flows, and valuation effects, with notable net foreign exchange sales and significant EU inflows.