KYIV, April 15 – The National Bank of Ukraine (NBU) from April 14 allowed the sale of cash currency to the population for the first time since the beginning of the war, the regulator said on Thursday.
The corresponding changes were adopted by resolution No. 71 of the board of the National Bank of Ukraine dated April 14, which was published on the bank's website and entered into force.
The National Bank expects that the restoration of the official sale of cash by banks will help reduce the opportunities for the functioning of the market for illegal foreign exchange operations and, accordingly, reduce risks for citizens.
Director of the NBU Open Markets Department Oleksiy Lupin said that permission for sale was given to both banks and non-banking financial institutions. (om/ez)
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