The National Bank of Ukraine offers Ukrainians attractive interest rates on deposits in hryvnia, and may also ease some currency restrictions.

This was stated by Chairman of the Association of Ukrainian Banks Andriy Dubas in a comment to Channel 24.

Why hryvnia deposits

The expert advises to keep funds in hryvnia on a deposit account. In his opinion, this will save savings from the effects of inflation and may bring little additional income.

"If we talk, can we count on the hryvnia so that there is no depreciation of our savings? So the answer is: yes, we can. We see that inflation already has a clear and constant downward trend," the banker assured.

According to him, hryvnia deposits have a yield of 20%. At the current level of inflation, this allows not only to save, but also to increase funds.

War bonds

Dubas said that military bonds have a yield of 20.5%. The purchase of a military bond will help the state and will save its own funds.

Currency

Nevertheless, the expert advises to remember about the diversification of risks and to keep part of the funds in foreign currencies.

"The hryvnia exchange rate is now fixed against the dollar, but, in my opinion, the NBU will gradually release currency restrictions and in the medium term we will return to a floating exchange rate. These are absolutely adequate conditions for normal states not in war conditions," says the chairman of the Association of Ukrainian Banks.

Earlier, the National Bank explained in which currency it is better not to keep savings.

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