Markets

Ukraine's forex reserves rise to $20.416bn in Dec

Published January 11, 2014 Updated January 11, 2014 09:08pm

1 min

By Abdul Ahad

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Kiev: Ukraine's foreign currency reserves rose to $20.416 billion on Dec. 31 from $18.791 billion as of November 30, the central bank said on Saturday.

The rise was mostly due to a $3 billion loan, which Ukraine received from Russia through the placement of two-year eurobonds last month.

At the same time Ukraine repaid foreign currency debt worth of $1.321 billion.

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