National Bank explained why Ukrainians massively withdraw cash

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Open source/National Bank of Ukraine

The current increase in banks’ demand for cash is not linked to PrivatBank situation, but to replenishment of stocks in connection with the upcoming long holidays.

This was announced by the deputy head of the National Bank of Ukraine, Oleh Churiy, UNIAN reports.

“We have seen some increase in cash demand, but so far it is impossible to link this with the situation with PrivatBank,” said a representative of the National Bank.

According to Churiy, there are long holidays ahead and Ukrainians traditionally increased withdrawal of hryvnia and currency cash.

It is noted that the situation with PrivatBank did not have any impact on the foreign exchange market.

As The Journalist reported, Team Zelensky promised Ukrainians to take care of PrivatBank.

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