The Central Bank of Ukraine revealed that foreign exchange reserves grew to a new record high of $ 41.7 billion at the beginning of August.
The central bank said the reserves continue to grow thanks to the constant influx of financial aid from Ukraine's Western partners. Foreign exchange reserves rose 6.9 percent in July, hitting a record high for the second time in a row since Ukraine's independence. Reserves stood at $39.026 billion at the beginning of July. The central bank received $4.68 billion in July, including $1.657 billion from the European Union, $1.496 billion from Japan, and $1.250 billion from the United States. The government raised about $227 million from a local bond offering in hard currency.
Source (Al-Arabiya.net Website, Edited)
