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Ukraine's international currency reserves grow

      RBC, 07.07.2008, Kiev 11:30:48.Ukraine's international reserves reached $35.439bn in June, a 3-percent rise from May, the National Bank of Ukraine said in a statement today. The reserves grew 9.2 percent since the beginning of 2008.

      Currency operations increased 1.7 percent to nearly $5.189bn on Ukraine's cash market in June compared to May. Specifically, banks purchased nearly $2.707bn from the population and sold around $2.482bn. Individuals' bank deposits grew $497.8m, amounting to some $14.853bn as of June 27. On the interbank currency market, the trade volume climbed from $15.598bn in May to nearly $18.307bn in June, whereas the National Bank's interventions on the currency market edged up from $954.7m to $1,042.9bn.

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