The National Bank of Ukraine published preliminary data showing Ukraine’s international reserves at USD 51,998.0 million as of 1 April 2026, a 5.0% decrease over March. The decline was driven mainly by the NBU’s foreign exchange interventions and foreign currency debt repayments, partly offset by external partner funding and proceeds from the placement of FX domestic government debt securities; reserves covered 5.5 months of future imports. In March, the NBU sold USD 4,774.4 million on the FX market. Government FX accounts at the NBU received USD 3,045.9 million, comprising USD 1,521.1 million from the International Monetary Fund under the Extended Fund Facility program, USD 1,474.3 million via World Bank accounts, and USD 50.5 million from FX domestic government debt securities placement. FX public debt servicing and repayment totalled USD 123.3 million (USD 59.4 million to the World Bank, USD 6.1 million to the EU, USD 5.2 million on domestic government debt securities, and USD 52.6 million to other creditors), alongside a separate USD 260.0 million repayment to the IMF. Revaluation reduced reserves by USD 656.2 million, reflecting a stronger US dollar against other reserve currencies and a lower gold price. The NBU compiles and releases international reserve and FX liquidity data monthly, publishing preliminary figures by the seventh day after month-end and revised data by the 21st day.
National Bank of Ukraine 2026-04-07
National Bank of Ukraine reports international reserves at USD 52.0 billion after 5% March decline
The National Bank of Ukraine reported preliminary international reserves of USD 51,998.0 million as of 1 April 2026, down 5.0% over March and covering 5.5 months of future imports. The decline was mainly driven by USD 4,774.4 million in foreign exchange sales, foreign currency debt repayments and a USD 656.2 million revaluation loss, partly offset by USD 3,045.9 million in external partner funding and proceeds from foreign currency domestic government debt securities.