December 4, 2024
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Buy or sell currency in the first week of December: experts gave advice to Ukrainians

It is noted that for now it makes sense to earn on the hryvnia.”, — write: www.unian.ua

It is noted that for now it makes sense to earn on the hryvnia.

The devaluation of the hryvnia continues in Ukraine / photo ua.depositphotos.comThe devaluation of the hryvnia continues in Ukraine / photo ua.depositphotos.comThe period of stability in the foreign exchange market is over. Experts shared advice on what to do with currency and what is the best way to earn.

Financial analyst Andriy Shevchyshyn, in a comment to TSN, believes that now is the time to buy the dollar and the euro, before the exchange rate rises even more.

“In December and possibly in January, the rate will continue to gradually increase to UAH 43/dollar, so it makes sense to stock up on dollars and euros now and even make money from their sale later,” the expert said.

At the same time, Oleg Pendzyn, a member of the Economic Discussion Club, is sure that it is possible to continue earning in hryvnias – bank deposits for no longer than six months and hryvnia domestic state loan bonds (OVDP) with a term of 3-6 months.

“Hryvnia deposits, the term of which expires in December and later, became less profitable from December 1, because the law on changes in taxation came into effect, in particular, the military levy was increased from 1.5% to 5%. Now, from the profit on deposits, you will have to to give the state not 19.5% of the tax, but 23%,” Pendzyn explained.

For his part, the head of the Secretariat of the Council of Entrepreneurs under the Cabinet of Ministers, economist Andriy Zablovskyi agrees that it is possible to invest in hryvnia and currency securities.

At the same time, experts believe that selling currency is currently impractical.

Dollar exchange rate in Ukraine – banker’s forecast for DecemberThe head of the treasury department of Globus Bank, Taras Lisovyi, predicts that in December the situation on the foreign exchange market will not fundamentally differ from the autumn situation.

According to him, exchange rate jumps are unlikely, and the overall growth of the exchange rate may be from 0.2% to 0.8%. Thus, it is quite possible that on January 1, 2025, the official exchange rate will stop within the range of UAH 41.6-41.8/dollar.

You may also be interested in news:

  • What to expect from the dollar exchange rate until the end of 2024: expert forecast
  • What will be the dollar exchange rate in Ukraine at the beginning of December: banker’s forecast
  • Ukraine is planning to launch an electronic hryvnia: the economist talked about the consequences

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