KIEV, Aug. 26 – The National Bank of Ukraine has announced that on July 1 it bought around 70,000 troy ounces of gold or around 2.2 tons.

The central bank said that its official gold reserve has been returned to the level of October 2014 – 0.84 million troy ounces or around 26.1 tons.

Due to the decline in the cost of gold the value of gold reserve as of late July 2015 was $912.54 million, which is 7.7% less than in October 2014.

In August 2004 the official gold reserve of the NBU was permanently expanded.