ANALYSIS OF THE FORMATION OF THE INTERNATIONAL RESERVES OF THE NATIONAL BANK OF UKRAINE IN THE CONTEXT OF THE GLOBAL ECONOMY
The article performs a retrospective theoretical, methodological and practical analysis of the formation of the Ukraine's international reserves in the current global framework. The main stages of the formation of the Ukraine's gold and foreign currency reserves are identified. A comparative analysis of the international reserves, in particular in the Ukrainian and foreign scientific doctrines, allows to establish differences in the theoretical and methodological basis for the reserves' formation. To highlight the trends in the formation of the Ukraine's international reserves, the dynamics of their volume for the period 2002-2023 is analysed. The calculations show that the level of the international reserves has been fluctuating significantly, which is explained by the NBU's foreign exchange interventions, increase in the gross external debt and the official exchange rate, and changes in the consolidated balance of payments. The study of these dynamics allows to structure the process of the international reserves formation in Ukraine and statistically substantiate each of its stages.
Authors
- Tetiana Pohorielova
- Maryna Pohorielova
Publication Details
- Journal
- Market Infrastructure
- Published
- 2025-01-01
- DOI
- https://doi.org/10.32782/infrastruct83-22
- Primary Topic
- Economic Issues in Ukraine
- Type
- article
- Field-Weighted Citation Impact
- 0.00