National Bank has all resources to meet financial needs of the state – Zelensky

The National Bank and the banking system of Ukraine have all the necessary resources to meet financial needs of the state.

President of Ukraine Volodymyr Zelensky stated this at a briefing, according to an Ukrinform correspondent.

“The National Bank and the banking system of Ukraine have all the necessary resources to meet the needs of the state, to protect the state, to protect the interests of Ukraine’s citizens," Zelensly said.

Earlier, NBU Governor Kyrylo Shevchenko said that the National Bank and the banking system of Ukraine operated as usual, adding that a special resolution was approved.

The document stipulates that banks ensure the uninterrupted operation of bank branches, if there is no threat to the life and health of the population; non-cash payments are carried out without restrictions; ATMs are provided with cash.

At the same time, the resolution provides for the introduction of temporary restrictions starting from February 24.

In particular, the operation of Ukraine’s foreign exchange market is suspended, except for the sale of foreign currency by customers; the official exchange rate was fixed as of February 24, 2022 (UAH 29.25 per U.S. dollar and UAH 33.17 per euro).

In addition, cash withdrawal from the client's account is limited to UAH 100,000 per day (excluding payment of salaries and social benefits), except for enterprises and institutions that ensure the implementation of mobilization plans (tasks), the Ukrainian government and special permits from the National Bank.

As reported, the head of the aggressor country, Vladimir Putin, announced the start of a special military operation in Donbas. At around 04:00, on February 24, Russia attacked Ukraine and launched a war.

The Verkhovna Rada of Ukraine approved President Volodymyr Zelensky's decree on the imposition of martial law throughout Ukraine.

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