The NBU announced sufficient cash reserves in banks
This was reported by the National Bank of Ukraine. On 9–10 March
2026, the National Bank of Ukraine conducted operations to exchange non-cash currency of banks for cash currency to replenish bank cash reserves.
The purpose of these operations was to support the cash currency liquidity of banks as needed.
The NBU noted that the decision to conduct such operations was made preventively in view of possible situational logistical difficulties with the delivery of cash currency from abroad.
The National Bank cited the illegal seizure of Oschadbank's cash collection vehicles in Hungary as the reason for such risks.
On 9 March 2026, the announced volume of operations amounted to USD 100 million and EUR 80 million.
Five banks participated in the transactions at that time.
The total volume of applications was four applications for USD 53.1 million and four applications for EUR 42 million.
All applications on 9 March were satisfied in full.
On 10 March 2026, the announced volume of operations was USD 100 million and EUR 35 million.
One bank participated in the operations on that day.
The total volume of the application was USD 20 million and EUR 10 million.
This application was also satisfied in full.
The National Bank noted that moderate demand for operations to replenish banks' cash reserves with foreign currency indicates that banks have sufficient cash reserves.
They added that the need for support is currently limited.
The NBU also stated that it remains ready to support banks in providing their cash desks with foreign currency to meet the needs of Ukrainians.
The National Bank emphasised that the frequency and volume of such operations will depend on the needs of the banking system.
Separately, the NBU stressed that cash-to-non-cash currency exchange transactions between the National Bank and Ukrainian banks will in no way affect the volume of Ukraine's international reserves.
