The National Bank has explained why it allowed banks to export uncirculated US dollars

The National Bank has authorised commercial banks to export uncirculated US dollar cash out of the country until 1 October 2026.

According to the National Bank, the situation on the country’s foreign exchange market remains stable: there is sufficient US dollar cash in the banking system to meet public demand.

To manage foreign currency cash reserves and ensure the smooth processing of non-cash transactions, commercial banks need to export accumulated unspent US dollars abroad. These funds are then exchanged for the corresponding non-cash currency.

It should be noted that today the National Bank announced the adoption of a resolution ‘On the temporary authorisation to export undamaged foreign currency cash’. The new decision temporarily authorises the export of undamaged US dollars until 1 October 2026.