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Investor Presentaiton

June 2021 Source NBU Accumulated international reserves Comments Gross international reserves grew by 9.7% (y-o-y) and reached US$ 27.8bn as of June 1, 2021 (covering 4.2 months of future imports) Maintained high levels of FX reserves and floating FX rate policy are the most influential factors providing strong buffer for Ukraine on the back of the current crisis (vs previous ones) Over May 2021, the international reserves decreased on the back of new FX domestic placements (US$ 354.3m), government transactions to repay public debt (US$ 650.6m), and financial instruments revaluation gain (US$ 136.8m). The interbank FX market was balanced in May, meaning the NBU did not have to make FX interventions. Gross international reserves by instrument (Jun 1, 2021) Gross and net international reserves (eop), US$ bn GN NW Months of imports 35 30 3.4x 4.0x 4.8x 4.2x 29.0 29.1 27.8 27.0 26.1 25 22.0 20.8 19.4 20 15 10 15 Jan-19 Feb-19 Mar-19 Gross international reserves by currency (Jun 1, 2021) 202% 6% 11% ■Securities (rating A) ■ USD 19% 6% Securities (rating AA) ■ EUR 8% ■ GBP US$ 27.8bn Jun 1, 2021 8% ■Securities (rating AAA) US$ 27.8bn Jun 1, 2021 ■ JPY ■ CNY 56% ■ Monetary gold Banknotes, current accounts, time deposits 80% ■ Gold ■ Other Mar-21 Apr-21 May-21 BA 11
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