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5.2.3 Gross international reserves
Ukraine’s gross international reserves (GIR) have been sinking slowly as the NBU taps its cash to cover the budget needs. The NBU has also been forced to make hard currency available to Ukrainians living outside the country, who are drawing on their savings using bank cards. At the last estimate these citizens were withdrawing about $.15bn a month. As of July the total GIR was $22.4bn.
37 UKRAINE Country Report September 2022 www.intellinews.com