Zelensky’s advisor gave a forecast on Ukraine’s gold and foreign exchange reserve


According to him, the reserve reached the maximum level

Ustenko gave a forecast for the country’s gold and foreign exchange reserves. Photo: Focus

Oleg Ustenko, advisor to the President of Ukraine on economic issues, said that the country’s gold and foreign exchange reserves are currently close to the maximum level that was in the last decade – in 2012. According to expert forecasts, reserves will soon exceed $ 30 billion.

Ustenko also said that the appointment of Eurobonds for $ 2 billion was a significant event. According to him, this made it possible to replace old debts with the opportunity to save 1 billion dollars per year.

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Earlier we wrote that the value of gold has reached an all-time high. The price of one ounce of gold rose to $ 1944.71. The previous high – $ 1,921.18 – was established in September 2011. The precious metal is rising amidst rising tensions between China and the United States and a new upsurge in the incidence of coronovirus.

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