In the conditions of the likely devaluation of the hryvnia, Ukrainians are faced with the choice of how best to protect and increase their savings. Experts emphasize that the last week of stability on the foreign exchange market may end, and therefore, making thoughtful financial decisions becomes even more urgent.
Alternative to currency: investment in autonomy
Andriy Zablovskyi, head of the Secretariat of the Council of Entrepreneurs under the Cabinet of Ministers, suggests investing not only in currency, but also in means that ensure autonomy in homes, in particular charging stations, fuel boilers or generators. This is relevant against the background of possible problems in the energy sector. "Dollars won't warm the house," comments Zablovsky, "but a charging station or a generator can be a valuable investment in times of crisis."
Dollar cash: reliability in the long run
Financial analyst Andrii Shevchyshyn emphasizes that dollar cash remains an attractive means of saving funds, especially for long-term storage. According to him, the currency is highly liquid and easily accessible in case of need, which adds weight to it among supporters of "cash". "Now is a good time to buy currency," Shevchyshyn believes, noting that dollar cash can help avoid risks associated with a possible devaluation of the hryvnia.
Hryvnia bonds: high interest rates and favorable terms
Oleg Pendzyn, a member of the Economic Discussion Club, advises Ukrainians to pay attention to domestic state loan bonds (OVDP). He notes that bonds for 3-6 months offer an attractive 15% per annum, which exceeds the yield of ordinary deposits. In addition, investors do not need to pay income taxes, which makes OVDP a profitable option for those who want to profit from the slow devaluation of the hryvnia.
Deposits: reliability of the hryvnia and new taxation conditions
Dmytro Zamotaev, director of the retail business department of Globus Bank, draws attention to long-term deposits with high interest rates, which are popular among depositors. Despite the increase in the military levy to 5%, the total taxation of income from deposits increased to 23%. This does not apply to deposits of military personnel, but does not cause a decrease in interest in deposits. Average rates reach 13% per annum, and under some programs – up to 15%, which provides reliable support for hryvnia savings for long-term depositors.
What to do now? Tips for Ukrainians
Experts advise weighing all possible options, because currency fluctuations can affect financial plans. In particular, analysts recommend not rushing to sell the currency, expecting that the dollar will increase in value by the end of the year. Instead, for those who are ready to invest in the national currency, OVDP or high-yield deposits are a reliable choice.
