Experts Advise Ukrainians to Invest in Government Bonds Instead of Dollars

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Experts Advise Ukrainians to Invest in Government Bonds Instead of Dollars

Economic experts recommend that Ukrainians keep their savings in government bonds (OVDP), as they currently offer the highest level of profitability. Oleg Pendzin, director of the Economic Discussion Club, noted that the difference between the annual yield of OVDP and the dollar exchange rate is 10% in favor of the bonds.

This is reported by Finway

“Just take a look and compare how much the dollar exchange rate has changed, for example, over the year, and how much you would have earned in a year if you had kept your money in hryvnia OVDP. You will see that the difference is practically 10%. Therefore, investing money in hryvnia OVDP today is the most advantageous option,” the message states.

Pendzin also emphasized that various factors influence the internal economic situation in Ukraine. Among them are: the anticipated worsening of the weather this week, a drought that may occur in the summer, as well as seasonal factors related to agricultural production.

“If the summer is good, then inflation will be low because food supplies in Ukraine will be large. … Plus, there are the shellings of energy infrastructure by enemies. This also impacts inflation. Additionally, the rise in wages for production personnel – because they are physically absent, many have been mobilized. These are the main drivers of inflation in Ukraine,” Pendzin noted.