National Bank of Ukraine fully meets domestic demand for cash

Politics ♦ Published: August 20, 2013; 11:46 ♦ (Vindobona)

The National Bank of Ukraine is committed to developing cashless payments. At the same, cash is needed for retail payments. The growing demand for cash is fully met.

National Bank of Ukraine fully meets domestic demand for cash / Picture: © NBU

As of 1 July 2013, banknotes and coins in circulation (outside banks and the cash in bank pay desks) amounted to UAH 241.9 billion, which was by UAH 19.1 billion more than the figure recorded at the start of the year.

"This is a clear indication that the public has confidence in the national currency and cash remains an important instrument of retail payments," noted Deputy…