Page 36 - UKRRptOct20

“The situation at Ukraine’s ForEx normalized quickly in August after the increased turbulence in July, and this allowed the NBU to intensify the purchase of foreign currency. This also helped to compensate for the foreign currency outlays related to the redemption and servicing of the state debt while the receipts from newly placed local Eurobonds during the month were relatively weak,” Evgeniya Akhtyrko of Concorde Capital said in a note. “In September, the major foreign currency outlays include the redemption and servicing of international Eurobonds for $2.1bn. In addition, Ukraine will have to repay around $419mn to the IMF. We expect the NBU to be an active buyer of foreign currency at Ukraine’s ForEx market as long as the situation at the market allows. In addition, MinFin plans at least one placement of local Eurobonds during September. These operations will partially help to compensate for the international reserves losses related to debt repayments. With these ins and outs, we expect gross international reserves to get leaner by at least 5% in September.”
5.3​ FDI
FDI
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 FFF
Net FDI (US$bn) 9.2 9.9 4.7 5.8 7 7.2 4.1 0.3 2.9 3.4 4.3 4.3 4.3
Net FDI (% of 6.4 5.4 4.1 4.2 4.3 4.1 2.3 0.2 3.3 3.7 4.3 3.9 3.5 GDP)
C/A bal. + net FDI 2.8 -1.6 2.6 2 -2 -4.1 -6.9 -3.3 3.1 0.3 1.6 -0.3 -0.1 (% of GDP)
Source: ICU
36​ UKRAINE Country Report​ October 2020 ​ ​www.intellinews.com