Forex average artificially fixed at UAH 8/US$ amid Yanukovych's presidency exhausted gold reserves

As it stated in According to the ex-banker, the Honest forex average ought this day be UAH 23/24 per unite states dollar. Former banker Roman Sulzhyk tells the reality which the forex average was artificially saved at UAH eight per unite states $ during Viktor Yanukovych's presidency & Mykola Azarov's premiership reduced Ukraine's gold & difficult currency reserves significantly. Sulzhyk noted which during Yanukovych's presidency, Ukraine's external debt rose from $100 bn to $140 billion. When he came to power, Ukraine's gold & difficult currency reserves were estimated at about $35 billion, whereas they shrank to $20 bn after his presidency. According to the ex-banker, the Honest average of the $ ought this day be UAH 23/24 per unite states dollar.

Forex reserves decline to $17.6 billion

Share:KARACHI - Total liquid foreign reserves of the country have declined to $17.63908 billion, told State Bank of Pakistan (SBP) here. A SBP every week statement issued on Thursday told which the foreign reserves held with the SBP amounted to $11,438.3 mn & the internet foreign reserves held with commercial banks were $6,201.5 million. During the 7 days ending April 06, SBP's reserves reliefed with $164 mn to $11,438million because of external debt servicing & other formal payments.

Forex reserves fall to $17.639 billion

as informed in Forex reserves fall to $17.639 billionKARACHI: Pakistan's foreign interchange reserves fell to $17.639 bn during the 7 days ended April six from $17.796 bn a 7 days ago, the central bank told on Thursday. The forex reserves held with the State Bank of Pakistan (SBP) depleted $164 mn to $11.438 billion. The decline in the State Bank of Pakistan's reserves was because of external debt servicing & other formal payments. However, the foreign interchange reserves of commercial banks rose to $6.201 bn as compared to $6.194 bn in the Former week.

collected by :John Locas