Head of the National Bank of Ukraine Council Ihor Prasolov recommends citizens to keep their savings in hryvnias, he told a live call-in show.

"Hryvnia is stable and reliable, so I recommend keeping savings in hryvnias," Prasolov said.

The Council head added that the exchange rate fluctuations observed in September at the interbank and cash foreign markets showed that the citizens who fell under panic and purchased foreign currency at overstated exchange rate came off losers.

He also underlined that at the moment, the United State Federal Reserve System and the European Central Bank are completing an emission of the US dollar and the euro in considerable volumes.

The NBU Council head said that citizens who flatly distrust the national currency can buy US dollar-denominated treasury bonds.


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