Ukrainian foreign direct investment will amount to about $5 billion this year, said Valeriy Lytvytskyi, the central bank’s head adviser.
Natsionalnyi Bank Ukrainy’s reserves will total $34.293 billion at the end of 2011 after Ukraine receives $1.5 billion from the International Monetary Fund, he told reporters in the capital Kiev today.
The central bank has sold $7.403 billion and bought $8.654 billion on the interbank market this year, Lytvytskyi said. The bank controls the hryvnia’s exchange rate by buying and selling dollars.
To contact the editor responsible for this story: Willy Morris at firstname.lastname@example.org