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Financiers warn: why you should not convert all your money into dollars

Financiers explained which assets will keep your money safe
Експерти закликають: чому не варто переводити всі свої кошти в долари.

Experts advise Ukrainians not to invest all their money solely in US dollars. Instead, they recommend distributing savings among different financial instruments. It is important to maintain a balance between currencies, for example, between the dollar and the euro, and also invest in hryvnia instruments with fixed income, such as deposits and government domestic loan bonds (OVDP).

'The yield on Ukrainian bonds is about 16%. Nowhere in the world, especially among reliable instruments, is there such a rate. And considering that the NBU keeps the exchange rate and will continue to do so without changes, investors effectively receive 16% per annum in dollars. This is an awesome yield,' emphasized economist Serhiy Furssa.

However, it is important to remember to maintain balance and a reasonable approach to investments, as well as to choose reliable market participants for currency exchange and avoid fraudulent schemes.

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