The National Bank of Ukraine has accused a number of banks of artificial creation of the deficit of foreign currency on the cash market, the NBU said, according to Ukrainian News.

"Some authorized banks do not sell cash to population despite considerable reserves of the foreign currency. This leads to artificial deficit of cash," the report said.

Thus, the central bank demands that heads of the commercial banks control forex operations at banks' cash desks and exchange offices preventing from the violations.

The NBU also urged its territorial departments to check observance of requirements of foreign currency interventions by commercial banks.

As a reminder, on July 28, the NBU sold USD 100 million in the interbank forex market to satisfy the needs of the cash foreign currency market.

The hryvnia rate on the interbank forex market fell by 20 kopecks to 8.15 UAH/USD on July 28.


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