NBU conducts third operation to support banks' cash desks with foreign currency cash

On March 11, 2026, the National Bank of Ukraine conducted transactions to exchange banks' non-cash currency for cash to reinforce their cash desks.

This is stated in the message of the NBU, the Ukrainian News agency reports.

The demand for such operations by banks remains moderate. This indicates that banks have a sufficient supply of cash currency.

Results of the operations to replenish banks' cash desks with foreign currency on March 11:

- the announced volume of operations is USD 100 million and EUR 50 million;

- number of participants - one bank;

- the total amount of the application – USD 40 million and EUR 34 million;

- the application was satisfied in full.

The decision to conduct such operations was made by the NBU as a preventive measure. The goal is to support the cash foreign currency liquidity of banks, if necessary, against the background of the illegal seizure of Oschadbank's collection vehicles in Hungary. The NBU's operations have no impact on Ukraine's international reserves.

All in all, the NBU conducted several such operations on March 9-11. Their results showed that the demand from banks is significantly lower than the supply from the NBU. This confirms that there is no shortage of cash currency

The National Bank of Ukraine is closely monitoring the situation and is ready to continue to support banks in providing their cash desks with foreign currency to meet the needs of Ukrainians. The frequency and volume of relevant transactions will depend on the needs of the banking system.

As the 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, have been returned to Ukraine.

It has become known that Hungarian security forces have hidden two stolen Oschadbank collection vehicles in the closed territory of the Anti-Terrorist Center. The amount of valuables in the stolen cars was USD 40 million, EUR 35 million, and 9 kg of gold.

Earlier, the Hungarian government released footage of the capture of Ukrainian cash collectors and photos of the money along with the gold bars they seized.

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