Finance

Reserves

The NBU improved the estimate of gold and forex reserves at the end of November

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As of December 1, the National Bank of Ukraine improved the estimate of gold and foreign exchange reserves by US $870,000 to US $9.966 mn instead of US $9.965 mn announced earlier, according to the regulator.

Thus, the decline of gold and forex reserves amounted to US $2.621 mn in November.

According to the NBU, over eleven months of 2014 (January-November) gold and forex reserves decreased by 51.2% from US $20.416 mn to US $9.966 mn.

As Capital reported, as of November 1 the volume of gold and forex reserves of Ukraine amounted to US $12.587 mn.

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