
Ukraine’s international reserves grew by 1.1% in September 2025, reaching $46.52 billion as of October 1, according to the National Bank of Ukraine (NBU).
“As of October 1, 2025, Ukraine’s international reserves, according to preliminary data, stood at $46.519 billion. In September, they increased by 1.1%. This dynamic was driven by inflows from international partners alongside a decrease in the NBU’s net foreign currency sales on the currency market,” the statement reads.
According to the NBU, $2.9 billion flowed into the government’s foreign currency accounts at the central bank in September, including $1.43 billion through World Bank channels, $1.17 billion from the EU under the G7’s Extraordinary Revenue Acceleration for Ukraine (ERA) initiative, and $298.4 million from the issuance of government domestic bonds.
At the same time, Ukraine spent $563.6 million on servicing and repaying foreign-currency public debt, and an additional $254.4 million was paid to the International Monetary Fund.
Based on balance sheet data, the NBU sold $2.291 billion on the foreign exchange market and purchased $1.7 million for reserves. Net foreign currency sales by the central bank decreased by 15% compared with August 2025.
In September, revaluation of financial instruments added another $690.6 million to reserves.
The current volume of international reserves covers 5.1 months of future imports, the NBU added.
As reported earlier, Ukraine’s international reserves rose by 7% in August 2025, reaching $46.03 billion as of September 1.
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