Statement

Statement Regarding Cash Operations in Puerto Rico

September 27, 2017
The Federal Reserve Bank of New York's cash operations in Puerto Rico are working, and we have adequate inventory to meet demand from depository institutions on the island. Demand for cash is extraordinarily high right now, and will evolve as depository institutions regain power, armored car services are able to reach branches, and ATMs are once again active. ‎We are coordinating with local and national authorities to monitor the situation on the ground very closely, and are actively preparing to meet any sustained elevated‎ currency demand in the future.‎