Ukrainian Central Bank Sees FDI at $5 Billion in 2010

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 reporters on this story: Daryna Krasnolutska in Kiev at; Kateryna Choursina in Kiev at

To contact the editor responsible for this story: Willy Morris at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.