Banks import 3 times more cash dollars than euros in March

Banks imported 3.1 times more cash US dollars than euros in March of this year.

This is evidenced by data from the National Bank of Ukraine, the Ukrainian News agency reports.

Thus, during the reporting period, banks imported USD 800,600 in cash, which is 6.8% more than in February, while the import of cash euros decreased by 23% to USD 254,300 in equivalent compared to the previous month.

In addition, cash pounds sterling were imported – USD 1,676,000 in equivalent, Polish zloty – USD 1,289,000 in equivalent, and Swiss franc - USD 339,000 in equivalent.

In total, cash currency worth USD 1,059 million in equivalent was imported in March.

As the Ukrainian News agency earlier reported, the National Bank of Ukraine is considering the possibility of changing the base currency for currency policy orientation — from the US dollar to the euro.

Such a scenario is still hypothetical, but is conditioned by a number of geopolitical and economic factors.

The National Bank has introduced managed exchange rate flexibility from October 3, 2023.

The NBU has abolished all currency restrictions for the import of works and services and allowed the repatriation of "new" dividends.

The National Bank of Ukraine has introduced new approaches to determining the list of currencies to which the official hryvnia exchange rate is set daily, and has also abolished the list of currencies for the monthly establishment of the official exchange rate.

To request a correction, please send an email.