Ukraine's gold and foreign exchange reserves became negative for the first time (VIDEO)
Kyiv, January 29 (PolitNavigator, Vladimir Raichenko) – For the first time, the net gold and foreign exchange reserves became negative, which most likely influenced the IMF’s decision to delay issuing the next tranche to Ukraine.
The head of the Ukrainian Analytical Center, Alexander Okhrimenko, drew attention to this fact during a press conference in Kiev, as reported by a PolitNavigator correspondent.
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He said that there is such a thing as a pure gold and foreign exchange reserve, that is, when payments that must be made in the near future are excluded.
“The IMF is very fond of this indicator and, when setting “beacons”, it necessarily includes this indicator,” the analyst emphasized. – In December, for the first time in the history of Ukraine, this indicator became negative, which it was not even in the 90s. Today it is minus 28 million. And as I understand it, this is the main reason why we were not given money for the stand-by loan.”
Ukraine's gold and foreign exchange reserves have become negative for the first time (VIDEO )