What will happen to the dollar exchange rate this year: an economist offers a forecast
21 March 21:15
The dollar exchange rate in Ukraine could rise to 45 hryvnias by the end of the year, though no sharp fluctuations are expected. At the same time, Ukrainians should consider investment tools that allow them to preserve and grow their savings, even in hryvnias. Economist Oleg Getman made these remarks in an interview with the YouTube channel "Komersant Ukrainian".
“Nothing bad will happen with the exchange rate. By the end of the year, it will head toward the 45 mark and remain at roughly that level. After all, the National Bank is currently in a managed flexibility regime and very clearly regulates everything in the currency market,” he says.
Against this backdrop, according to the expert, Ukrainians do not necessarily have to keep their money solely in foreign currency. Hryvnia-denominated instruments—specifically deposits and government bonds—can serve as an alternative, allowing investors to earn returns that outpace inflation.
Watch us on YouTube: important topics – without censorship
These include domestic government bonds (OVDP) and military bonds, which can be purchased through banks.
“Military bonds or domestic government bonds are government securities. They are guaranteed by the state, so they will exist as long as Ukraine exists. That is, for a long time. It is very easy to purchase them. You can buy these bonds at any major bank starting from a certain amount, for example, 10,000 hryvnias. This is probably the best investment tool right now,” the economist advises.
Read us on Telegram: important topics – without censorship
