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

Credit: IndiaTimes- Published on January 5, 2024
Ukraine's foreign exchange reserves grew 42% over the past year due to "unprecedented" foreign financial aid, reaching $40.5 billion 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...

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