Last week, liquidity outflows to Treasury accounts rose significantly as budget revenues on Thursday and Friday amounted to nearly UAH20bn, which caused liquidity (excluding government bonds) to fall to this year's low of UAH79.53bn, not seen since the beginning of December 2016. According to the NBU, the net balance of Treasury's operations (revenues minus expenditures, including VAT refunds) was UAH13.83bn.
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