November 27, 2024
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Buy or sell currency in the last week of autumn 2024: experts gave advice to Ukrainians

Experts believe that there is still time to make money on the hryvnia.”, — write: www.unian.ua

Experts believe that there is still time to make money on the hryvnia.

Ukrainians were given some advice on whether it is worth buying currency now / REUTERS photoUkrainians were given some advice on whether it is worth buying currency now / REUTERS photoThe situation on the currency market of Ukraine has been stable for quite some time. Experts gave advice on how best to save and increase savings.

Financial analyst Andrii Shevchyshyn believes that it is possible to pay attention to the stability of the dollar for the purchase of cash currency, but on the condition that it is stored for a year or more.

“I agree that currency cash “under the mattress” brings income only when the dollar becomes significantly more expensive. Another minus is the need to ensure safe storage in case of theft. Therefore, many Ukrainians buy dollars and keep them on foreign currency deposits in the bank, despite the meager interest – 1% per annum. But the undeniable advantage of “cash” is that dollars or euros are always at hand,” the analyst noted in a TSN comment.

Oleg Pendzyn, a member of the Economic Discussion Club, remains a supporter of earning in the hryvnia. We are talking about bank deposits no longer than six months and hryvnia government bonds with a validity period of 3-6 months. According to him, even if the dollar rate reaches 43 hryvnias in six months, its yield will be about 7% per annum, that is, half as much as from hryvnia OVDPs, and 1.5 times less than hryvnia deposits.

At the same time, the head of the Secretariat of the Council of Entrepreneurs under the Cabinet of Ministers, economist Andrii Zablovsky believes that now is not the time to buy currency “under the mattress”, because money has to work. He advised paying attention to short-term hryvnia deposits, foreign currency deposits and OVDP.

Regarding the sale of currency, experts do not advise selling it without an urgent need, because it is currently impractical.

Dollar rate in Ukraine until November 29 – forecast for the coming daysAnalyst Oleksiy Kozyrev believes that the dollar exchange rate in Ukraine will be between 41.00 and 41.80 UAH/dollar in banks until November 29, and between 41.20 and 41.75 UAH/dollar in exchange offices of financial companies.

But the euro exchange rate in banks will fluctuate within the corridor from 42.50 to 44.20 UAH/euro, and in exchange offices of financial companies – from 43.00 to 44.00 hryvnias/euro.

You may also be interested in news:

  • How much will 100 dollars cost in Ukraine by December 1: banker’s forecast
  • Should we expect the dollar to rise in December: a banker’s forecast
  • How much will 100 dollars be worth in Ukraine by the end of 2024: banker’s forecast

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