Ukraine's reserves more than double in 2005

The gross foreign reserves of the National Bank of Ukraine (NBU) grew 2.04 times in 2005 - from $9.5249 billion to $19.39476 billion.

The NBU reported on its website on Tuesday 10 January that the bank's foreign reserves shrank 0.4% in December 2005, whereas in November foreign reserves grew 30.78%, or by $4.58295 billion.

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