Although the exchange rate in Ukraine remains relatively stable, experts note that the situation on the foreign exchange market is ambiguous. According to the estimates of financial analysts, Ukrainians keep significant amounts of savings in foreign currency - from 40 to 60 billion dollars, which is equivalent to 1.65-2.5 trillion hryvnias.
Andriy Zablovsky (head of the Secretariat of the Council of Entrepreneurs under the Cabinet of Ministers) and Andriy Shevchyshyn (financial analyst) explained in comments for TSN that now is a favorable time to buy cash currency. Shevchyshyn emphasized that currency OVDP (domestic government loan bonds) are a better option compared to deposits, as they can bring income even in conditions of relative stability of the exchange rate.
Andriy Zablovskyi recommends dividing savings as follows: keep a third of the funds in hryvnias on deposits, and keep the rest in dollars and euros. This approach will allow to effectively protect savings from inflationary risks.
Oleg Pendzyn , a member of the Economic Discussion Club, predicts that by the end of the year the hryvnia will slowly devalue to the level of 42.5-42.7 UAH/dollar. Based on this, in the next three months, hryvnia deposits and OVDP may become more profitable investment options.
However, all experts recommend not to sell currency without an urgent need, as this can lead to financial losses.
Oleksiy Kozyrev , an analyst, predicts that by the end of this week, the dollar exchange rate in banks will fluctuate between UAH 40.70-41.65/dollar, and in exchange offices of financial companies – between UAH 40.75-41.60/dollar. On the interbank, the exchange rate will be in the range of UAH 41.00-41.70/dollar, and on the cash market – from UAH 40.90 to 42/dollar.
