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Weekly Export Risk Outlook
03.13.2014
Ukraine's foreign exchange reserves have continued to fall, to USD13.7 billion at end-February, down 15% on the month and 27% lower than in February 2013, and now cover just 1.6 months of imports, Euler Hermes writes in this week's Export Risk Outlook report.
It notes that the government's debt-servicing obligations are far larger, of an estimated USD35 billion by the end of 2015. On the other Ukraine made progress towards securing external financing support from the EU, the EBRD and the World Bank.
Find the rest of the report here: