The National Bank of Ukraine conducted operations on March 9–10, 2026, to exchange banks’ non-cash foreign currency for cash in order to replenish the cash desks of banking institutions, the regulator reported.
On March 9, the announced volume of operations amounted to $100 million and €80 million. Five banks participated in the operation. The total volume of applications included four bids for $53.1 million and four bids for €42 million, all of which were fully satisfied.
On March 10, the announced volume of operations was $100 million and €35 million. One bank participated, submitting a bid for $20 million and €10 million, which was also fully satisfied.
The central bank noted that the moderate demand for operations aimed at replenishing banks’ cash reserves with foreign currency indicates that banks currently have sufficient supplies of cash currency and that the need for additional support remains limited.
The National Bank of Ukraine also emphasized that exchange operations between the central bank and Ukrainian banks involving cash and non-cash foreign currency will in no way affect the volume of International Reserves of Ukraine.
