WARSAW (Reuters) - Poland's central bank signed an agreement with the National Bank of Ukraine that will allow every adult Ukrainian refugee to convert up to 10,000 hryvnias ($341.88) to Polish zloty starting from March 25, it said on Monday.
"The exchange will be possible at a rounded, official ... exchange rate," the bank said in a statement.
Last week the bank said it was cooperating with the country's largest lender, PKO BP (NYSE:BP), to allow refugees who have fled Ukraine for Poland to convert hryvnia.
Many refugees are struggling to buy even basic necessities because their savings in hryvnia are non-convertible across most of Europe, meaning they have no way to exchange them at reasonable rates.
($1 = 29.2500 hryvnias)