REUTERS
The NBU remains on guard of financial stability, the senior official says.
Deputy Governor of the National Bank of Ukraine (NBU) Oleh Churiy has said the liquidity of the country's banking system is at a very high level, as US$10 billion in deposits from individuals is concentrated in banks, while about US$8 billion is accumulated on the Ukrainian banks' correspondent accounts in foreign banks.
"This liquidity reserve will certainly suffice to meet any individual cash withdrawal needs," he said on March 18.
At the same time, Churiy urged the citizens and businesses to be partners and not to panic.
"The National Bank is on guard of financial stability," he stressed.
As UNIAN reported earlier, on the morning of March 17, the National Bank noted a shortage of cash in the cash desks of banks, while US$8 billion of non-cash currency was concentrated on banks' correspondent accounts.
Read alsoUkraine's hryvnia slides to UAH 27.06 to U.S. dollar on March 18
The central bank spent US$981.6 million from reserves to support the hryvnia on March 10-13.
The regulator sold US$238 million on the interbank foreign exchange market on Monday, March 16.
According to the NBU, the increased demand for foreign currency is caused by a psychological factor, namely the deterioration of market sentiment due to the global spread of coronavirus.