Experts are sounding the alarm: Ukrainians explained why it is better not to buy euros.

There is instability in Ukraine's currency market: the exchange rates of the dollar and euro fluctuate, and the opinions of financial analysts regarding future trends diverge. Experts point out that the main factor complicating predictions is the intense political processes, especially the intensification of peace negotiations regarding Ukraine.Expert Oleg Pendzin noted a new trend among Ukrainians: they are increasingly opting for foreign currency deposits instead of hryvnia ones. However, there are important details that many do not take into account.According to the National Bank of Ukraine, about 70% of hryvnia deposits in the country are demand deposits that can be withdrawn at any Time, but they yield minimal interest. The population chooses this format due to fears of sudden changes in the country. Essentially, it serves as a current account or 'free storage' for money.

Andrei Shevchishin advises looking to the future, noting that Ukraine's economic stability is currently largely supported by foreign financial aid. He suggests that after a peace agreement is reached, the situation may change dramatically, leading to significant depreciation of the hryvnia. In his opinion, cash currency will become the most profitable investment among available investment instruments.

The expert recommends investing in dollars while their exchange rate is relatively low, but refraining from purchasing euros, anticipating a possible drop in their value.Andrei Zablovskiy offers a more balanced approach, recommending to distribute free funds across different 'baskets'. He considers the strategy of sharp transitions between currencies depending on current exchange rate fluctuations to be the least effective. For example, when the euro appreciates - sell dollars and buy euros, and when the dollar depreciates - sell dollars and invest in government bonds or hryvnia deposits.In Zablovskiy's opinion, currently the least favorable decision is to buy euros, as the market is cyclical, and the euro exchange rate has likely already peaked. He recommends creating a diversified investment portfolio, distributing funds approximately equally between currency and hryvnia (for example, through government bonds or deposits), and maintaining this balance.All experts unanimously do not recommend selling currency without an urgent need.