Banks imported a record amount of cash currency into Ukraine.

Monetary volume in banks of Ukraine
Monetary volume in banks of Ukraine

From January to October 2024, banks brought $12.88 billion in cash currency to Ukraine, which is 81.4% more than last year, reports the National Bank of Ukraine.

This figure is the highest since 2013, with only 2012 seeing a larger amount - $16.81 billion over 10 months, notes Interfax-Ukraine.

In October, banks imported $1.68 billion, compared to $1.30 billion in September and $1.09 billion in previous months.

According to statistics, in October the share of US dollars and euros was 68.3% and 31.6% of the total cash respectively, while for the 10 months it was 73.7% and 26.1%.

Deliveries of dollars in October saw a slight increase compared to September - from $1.08 billion to $1.15 billion, while euro deliveries nearly doubled - from $229.6 million to $531.7 million.

Since the beginning of the year, the dollar has appreciated by 9.2%, or 3.50 UAH, and when the National Bank switched to a flexible regime - by 13.5%, or 4.93 UAH.

Cash dollar has become more expensive by about 2.93 UAH for buying and about 2.33 UAH for selling since the beginning of the year.


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