MOSCOW, Jan 19 It is risky to use and store banknotes of 500 euros and 100 dollars, said Nikolai Pereslavsky, an employee of the Department of Economic and Financial Research at the CMS Institute, told the Prime agency. According to him, 500 euros began to be withdrawn from circulation in Europe in 2019, in 2016 they were no longer issued at all. «The reason is the popularity of such banknotes among the shadow sector, except In addition, they are often used for storage in safes or cells,” Pereslavsky explained. A $100 banknote often becomes an object of forgery. The expert advises to drive through a foreign currency account in order to be sure of their authenticity. In addition to fraudulent risks, there are macroeconomic risks, and they relate to cash of any denomination. It's about inflation. To protect yourself from it, you can invest your savings in Eurobonds, for example, the financier advised.
