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.

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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
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article

ANALYSIS OF THE FORMATION OF THE INTERNATIONAL RESERVES OF THE NATIONAL BANK OF UKRAINE IN THE CONTEXT OF THE GLOBAL ECONOMY

Tetiana Pohorielova, Maryna Pohorielova
Market Infrastructure
Economic Issues in Ukraine
article

ANALYSIS OF THE FORMATION OF THE INTERNATIONAL RESERVES OF THE NATIONAL BANK OF UKRAINE IN THE CONTEXT OF THE GLOBAL ECONOMY

Tetiana Pohorielova, Maryna Pohorielova
article en

Abstract

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.

Market Infrastructure(83)
Openalex Percentile: Top 77%
Economic Issues in Ukraine
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ANALYSIS OF THE FORMATION OF THE INTERNATIONAL RESERVES OF THE NATIONAL BANK OF UKRAINE IN THE CONTEXT OF THE GLOBAL ECONOMY — Tetiana Pohorielova, Maryna Pohorielova · Market Infrastructure (2025) | TGRS Research Map | TGRS