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Investor Presentaiton

September 2021 Accumulated international reserves Comments Gross international reserves increased by 9.2% (m-o-m) and reached US$ 31.6bn as of Sep 1, 2021 (covering 4.4 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 downturn Allocation of US$ 2.7bn by the IMF was the main contributor of the reserves increase during August 2021. In addition, the international reserves increased on the back of NBU's net FX purchase (US$ 348.3m), and FX domestic placements (US$ 8.8m). Government transactions to repay public debt (US$ 392.3m), and financial instruments revaluation loss (US$ 31.6m) have slightly offset this impact Gross and net international reserves (eop), US$ bn Months of imports 35 30 1125 20 10 10 5 3.4x 4.0x 4.8x 29.0 27.0 22.0 20.8 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 4.4x 31.6 ■Securities (rating A) ■Securities (rating AA) 7% Gross international reserves by instrument (Sep 1, 2021) 17% 21% Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Gross international reserves by currency (Sep 1, 2021) 20393% 5% Aug-21 ■ USD - EUR 9% ■ GBP 5% US$ 31.6bn Sept 1, 2021 ■Securities (rating AAA) US$ 31.6bn Sept 1, 2021 ■ JPY ■ Monetary gold ■ CNY ■Banknotes, current accounts, 78% ■ Gold Source NBU 50% time deposits ■ Other 12
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