International reserves lost almost 5% in January
In Ukraine, during January, international reserves decreased by 4.9% or $2 billion. As of February 1, they amounted to $38.5 billion. This dynamics is due to the NBU foreign exchange interventions to maintain exchange rate stability, the country’s debt payments in foreign currency and lower compared to previous months, the volume of international aid received.
Ukrainians again updated the record for currency purchases: in January, the dollar rose to its maximum in 16 months
In January, on the cash market, the average dollar exchange rate increased by 1 .9% to 38.56, this is the maximum over the last 16 months. Overall, net purchases of foreign currency this month reached $1.103 billion, which is a record for the last 11 years.
The European Parliament and the Council of the European Union have agreed on a new mechanism to support Ukraine for 50 billion euros
On Monday 5 February, the European Parliament and the Council of the European Union reached a preliminary agreement to create a new single dedicated instrument to support the recovery, reconstruction and modernization of Ukraine, while supporting its reform efforts as part of its EU accession path. The total budget of the fund in Ukraine will be 50 billion euros.
The EU will begin payments to Ukraine under the 50 billion euro program from March – Ursula von der Leyen
Ukraine will begin receiving payments under the new financial instrument Ukraine Facility worth 50 billion. euros since March this year. This was announced by the President of the European Commission Ursula von der Leyen.
Attracting billions: the European Commission and IFC entered into an agreement on investment guarantees for Ukraine
The European Commission and the International Finance Corporation of the World Bank Group (IFC) signed a guarantee agreement to support investments, which will help ensure inclusive and sustainable reconstruction in Ukraine.
Valuable personnel: how much do the top people of the National Bank, Privat earn
At the beginning of each year, financial institutions and their managers sum up the results of their work. Public reports on salaries and remunerations are presented by the heads of state banks and members of their supervisory boards. The Ministry of Finance collected them and analyzed this information.