Ukraine’s forex reserves up 42% on ‘unprecedented’ Western aid in 2023

Ukraine’s forex reserves up 42% on ‘unprecedented’ Western aid in 2023

KYIV: Ukraine‘s foreign exchange reserves grew 42% over the past year due to “unprecedented” foreign financial aid, reaching 40.5 billion US dollars as of Jan. 1, the central bank said on Friday.Kyiv has relied heavily on military and financial aid from its Western allies since the start of Russia’s invasion in February 2022, but political … Read more