Suleimenov Responds to Storing All Pension Funds in Bank Deposits

National Bank Chairman Timur Suleimenov addressed concerns about the declining yield of the Unified Pension Fund (UPF) amid tenge appreciation. He dismissed the idea of placing all 28 trillion tenge in bank deposits, stating that no banks could handle such an amount and the economy wouldn't absorb it. He emphasized diversifying investments across various assets and currencies.

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