"The National Bank using its tools increases the efficiency of commercial banks, attracting money in particular, and promotes the activities of the Cabinet in this regard. The NBU continues the program of issuing bullion coins, the tool to attract public funds in local currency. Their sales are to be activated by expanding distribution channels - through authorized banks by transferring banks coins for sale on a commission basis, through the sale of coins by the NBU territorial departments," the head of the National Bank board said.
To make the investment coins more accessible to the public, the NBU has achieved the VAT cancel on operations with them. The increase in demand for this tool will reduce the demand for foreign exchange and strengthen the hryvnia position.
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