The National Bank of Ukraine published the results of its foreign-currency cash resupply measures for banks, concluding that there is no shortage of FX cash because banks’ demand has been materially below the amounts made available. In the 18 March 2026 transactions, the declared volume was USD 100 million and EUR 30 million, with two participating banks submitting total demand of one bid for USD 50 million and one bid for EUR 30 million. Across 9–18 March 2026, declared supply exceeded actual demand by a significant margin. The NBU said it stands ready to continue supplying as much FX cash as needed, with the frequency and size of transactions driven by banking system demand; the measures were adopted on 6 March as a preventive step following the illegal seizure of Oschadbank’s cash-in-transit vehicles in Hungary, and the transactions do not affect Ukraine’s international reserves.
National Bank of Ukraine 2026-03-18
National Bank of Ukraine says FX cash resupply operations show no shortage as banks demand less than offered
The National Bank of Ukraine reported no shortage of foreign currency cash, as banks' demand was below the available supply. On 18 March 2026, USD 100 million and EUR 30 million were offered, with only USD 50 million and EUR 30 million demanded. The NBU remains prepared to meet FX cash needs, with measures initiated after the illegal seizure of Oschadbank’s vehicles in Hungary, without impacting Ukraine’s international reserves.