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$368.8mn. At the same time, during August, the regulator sold $20.5mn in order to smooth out excessive fluctuations in the hryvnia exchange rate.
In total, in August, the National Bank's net purchase of foreign currency on the foreign exchange market amounted to $348.3mn. The dynamics of reserves in August were also affected by public debt management operations.
Foreign exchange earnings in favour of the government amounted to $8.8mn. At the same time and $188mn was spent on servicing and repaying public debt in foreign currency. Payments by the government and the NBU to the IMF in August amounted to $204.3mn.
As of August 1, 2021, Ukraine's international reserves stood at $28.951bn.
31 UKRAINE Country Report October 2021 www.intellinews.com