The NBU has doubled the limit on the purchase of non-cash currency for citizens

True, it can be bought only for placement on a deposit.

The National Bank of Ukraine increased from UAH 50,000 up to UAH 100,000 monthly limit for the purchase of non-cash foreign currency by citizens with subsequent placement on an irrevocable deposit of three months. after all, operations for the sale of non-cash currency by banks are carried out at a rate closer to the official one than for the sale of cash.

We note that on July 21, the NBU allowed banks to sell non-cash foreign currency to citizens on condition of deposit these funds for a term deposit. The number of banks that offer this service is gradually increasing. In particular, during August-September, several banks with the largest number of clients provided this opportunity.

Read also: Currency transfers to Ukraine will become cheaper – National Bank

Let us remind you that the foreign exchange market takes place lack of cash currency. Therefore, the National Bank has been exchanging non-cash currency for cash with banks since the beginning of September. Banks take away practically all the currency offered by the NBU for exchange.

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The NBU explained that the sharpincrease in the dollar rate on the cash foreign exchange market, which was observed on Wednesday, September 21, was mainly related to the psychological factor and speculation of some market players. Although the exchange rate is still affected by the lack of cash currency in bank cash registers.

Based on materials: ZN.ua

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