Bullion coins issued by the National Bank are perceived by the population as a promising tool for collecting and accrual, the head of the National Bank of Ukraine board Ihor Prasolov said in the interview.

"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.
According to him, as of October 1 this year, the National Bank of Ukraine sold 11.649 bullion coins of different denominations of a total worth of 33.968 million UAH. Moreover, the authorized banks have already applied for more than 31 thousand bullion coins for the next year.

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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