OREANDA-NEWS. As of October 1, 2014, preliminary data show that the stock of international reserves stood at USD 16.200 billion in equivalent.

In September 2014, the amount of international reserves increased following receipt of funds from the International Monetary Fund under the Stand-By Arrangement. The funds disbursed by the IMF to Ukraine were redistributed between the Government of Ukraine (USD 978.42 million) and the National Bank of Ukraine (USD 397.55 million).

Due installments under the public and state-guaranteed debt (equivalent of USD 313.95 million), including under the IMF stand-by facility (equivalent of USD 193.12) affected the international reserves dynamics in September.

During the month, the National Bank of Ukraine intervened in the foreign exchange market by both selling foreign exchange to mitigate exchange rate fluctuations (equivalent of USD 833.74 million) and purchasing foreign exchange to replenish the international reserves (equivalent of USD 98.30 million).

USD 602.85 million, including proceeds raised from the offering of domestic sovereign bonds denominated in foreign exchange and funds from international financial institutions, was credited to the accounts of the Government.