Prior to this, the regulator banned operations on the accounts of Russian residents
The National Bank of Ukraine, in connection with the start of Russia’s military operation, has banned the country’s credit institutions from making any foreign exchange transactions using the Russian and Belarusian rubles. This is stated on the website of the Ukrainian National Bank.
Ukrainian banks will also not be able to make any foreign exchange transactions, the participant of which is an individual or legal entity located in Russia and Belarus.
Military operation in Ukraine. Online
A day earlier, the National Bank of Ukraine, in connection with the Russian military operation and the declared martial law in the country, switched to an emergency mode of operation and took a number of restrictive measures. The regulator then banned operations on the accounts of Russian residents and introduced a moratorium on cross-border currency payments, an exception was made to fulfill the tasks of the Cabinet of Ministers of Ukraine.
In addition, the Ukrainian National Bank suspended the activities of the foreign exchange market, with the exception of transactions for the sale of foreign currency, it was forbidden to issue it in cash to banks, this measure does not apply to those institutions that do this on behalf of the government. The head of the regulator, Kirill Shevchenko, assured that the flow of cash to ATMs would not be limited, and non-cash payments were also not subject to restrictions.