KYIV, Aug 7 (Reuters) - Ukraine's foreign currency reserves grew to a new record of $41.7 billion at the start of August, the central bank said on Monday. Reserves continue to grow thanks to a steady inflow of financial aid from Ukraine's Western partners, the central bank said in a statement. "In July they rose by 6.9%, hitting for the second consecutive time a record level since Ukraine's independence," the statement said. The reserves stood at $39.026 billion at the start of July.
The central bank received $4.68 billion during July, including $1.657 billion from the European Union, $1.496 billion from Japan, and $1.250 billion from the United States. The government also raised about $227 million from placing domestic hard currency bonds, the central bank said.
Ukraine paid $394.6 million on its foreign debts in July, the bank said.
The central bank also sold $1.8 billion on the foreign exchange market in July. It pegged the local hryvnia currency at 36.57 to the dollar last summer and has been intervening regularly to reduce the gap between the official currency peg and the cash market. (Reporting by Olena Harmash; Editing by Conor Humphries)
