On March 9-10, 2026, the National Bank of Ukraine (NBU) conducted operations to exchange non-cash currency of banks for cash currency to reinforce bank cash desks.
This is stated in the NBU message, Ukrainian News Agency reports.
The purpose of the operations is to support the cash currency liquidity of banks if necessary. The decision to conduct them was made preventively in view of possible situational logistical difficulties with the delivery of cash currency from abroad due to the illegal seizure of Oschadbank's cash machines in Hungary.
The NBU published the results of operations to reinforce bank cash desks with cash foreign currency.
March 9, 2026:
- announced volume of operations – USD 100 million and EUR 80 million;
- number of participants – five banks;
- total volume of applications – four applications for USD 53.1 million and four applications for EUR 42 million;
- applications are satisfied in full.
March 10, 2026:
- announced volume of operations – USD 100 million and EUR 35 million;
- number of participants – one bank;
- total volume of application – USD 20 million and EUR 10 million;
- application is satisfied in full.
Such moderate demand for operations to reinforce banks' cash desks with foreign currency indicates that banks currently have sufficient cash reserves and the need for reinforcement is limited.
The National Bank is ready to continue supporting banks in providing their cash desks with foreign currency to meet the needs of Ukrainians. The frequency and volume of relevant operations will depend on the needs of the banking system.
Cash-to-cash currency exchange operations between the National Bank and banks of Ukraine will in no way affect the volume of Ukraine's international reserves.
As Ukrainian News Agency earlier reported, seven employees of the Ukrainian state-owned Oschadbank, who were traveling with money on a collection flight and were detained by Hungary on the night of March 6, were returned to Ukraine.
Earlier, the Hungarian government released footage of the capture of Ukrainian collectors and photos of the money along with the gold bars they seized.
The amount of valuables in the stolen cars was USD 40 million, EUR 35 million, and 9 kg of gold.
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