Now it is quite profitable to invest in deposits, but definitely not to convert savings into foreign currency. Oleg Pendzin, executive director of the Economic Discussion Club, spoke about this, writes finance. ua.

According to him, the cash exchange rate of the dollar in Ukraine has been declining over the past few weeks.. At the same time, the cash rate is unlikely to rise significantly in the coming months.

“In my opinion, it is more profitable to allocate money for 3-month deposits than to buy foreign currency. Today, the profitability on deposits from 14 to 16% is extremely high compared to the fact that now we will go to buy a currency that will definitely not grow much in the next month and a half, ”the expert noted.

According to investment banker Sergei Fursa, the price of the dollar may gradually decline to the official rate.

And Oleksiy Kushch, an expert at the United Ukraine analytical center, believes that the dollar exchange rate in Ukraine is unlikely to grow by more than 10% in the near future and is unlikely to grow to 46 or 50 hryvnia per dollar..

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It was reported that the volume of NBU operations for the sale of foreign currency in the foreign exchange market of Ukraine has been declining for the fourth month. In April, the NBU sold $1,370.4 million, which is $298.5 million less than in March.