Ukraine’s international reserves drop by almost 10% over the month

International reserves of Ukraine amounted to USD 26.5 billion as of September 29, the head of the Council of the National Bank of Ukraine Bohdan Danylyshyn reports on Facebook.

“The volume of international reserves USD 26.5 billion as of September 29, 2020, is sufficient to stabilize excessive fluctuations in the foreign exchange market,” the message reads.

To the regulator, as of September 1, 2020, Ukraine’s international reserves totaled slightly over USD 29 billion, which means drop by USD 2.6 billion, or almost 10% over the month.