S. Arbuzov urges citizens to keep their savings in national currency
The strengthened control
of the National Bank over the dynamics of the market in order to reduce
speculative demand has showed a stabilizing effect and gives a calming signal
to the market. This was started by acting Prime Minister of Ukraine Serhiy Arbuzov at a meeting of
the Cabinet of Ministers of Ukraine.
"Introduced
measures are timely and effective. Market participants are convinced that the
National Bank has the necessary tools to ensure stability. So, as of today the
current situation at the foreign exchange market is under control," he
said.
At the same time S. Arbuzov said that people who have undergone foreign
exchange excitement received the losses.
According to him, an
overreaction to any market developments has always been good for speculators.
"The course may
vary slightly fluctuate in both directions - this is normal market situation. The
National Bank for its part restrains excessive exchange fluctuations and prevents
speculation," the acting Prime Minister said.
Meanwhile, he said
that citizens of many developed countries keep their savings in national
currency.
So, according to him, 92%
deposits are in zlotys in
So, S. Arbuzov is confident, they maintain financial stability and
economic growth of their countries.