(Reuters) -Ukraine’s foreign currency reserves rose to $42.3 billion on September 1, the central bank said on Friday.
Reserves grew 13.7% last month, the bank said in a statement. Reserves stood at $37.2 billion on August 1.
“Such dynamics were driven by the large inflows from international partners, which exceeded net foreign exchange sales and Ukrainian currency debt repayments,” the bank said in a statement.
In August, Ukraine received 4.2 billion euros from the European Union loan facility and $3.9 billion through the World Bank.
Ukraine relies heavily on financial assistance from its Western partners to cover social expenses as it spends its own revenue on military needs.
