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In what currency to keep savings

Финансы и Кредиты
In what currency to keep savings

The unstable situation in the country and the European crisis as a whole had a negative impact on the exchange rate of the national currency. Keeping savings in hryvnia becomes unsafe. You can lose half or more of your capital in a short period of time. The real dollar exchange rate in Kharkiv is steadily increasing. Therefore, if you keep your savings in more stable banknotes, you can worry less about your financial future.

When is it worth exchanging money

A difficult question that is difficult to give an unambiguous answer. If you look only at the past, you can see clear triggers under which the exchange of the national currency for a foreign one would help prevent the depreciation of one's capital. In any case, there are clear rules when it is worth partially or completely exchanging hryvnia for dollars or euros at an exchange office:

1. In case of serious political changes in the country.

2. Before the adoption of important or disadvantageous laws for the state.

3. If it is not possible to keep finances in a bank.

4. After the sale of real estate or an expensive car.

5. Before selling everything, change your place of residence.

You can find out the current exchange rate in the main areas remotely https://obmenka.kharkov.ua/usd-uah. It is not necessary for this purpose to go to the exchange point through half or the whole city. Moreover, there are several exchange points, and you can choose the one that is closest to your home, or seems safe to you.

Alternative currencies of Europe

Dollars and Euros are not the only currency on which you can place your hopes for saving your capital from inflation. Some countries, despite the crisis, continue to develop rapidly and increase their economic potential. If we consider only European states, it is worth highlighting the following:

- Britain is quite reliable in economic terms;

- Poland continues to develop rapidly;

- Italy over the past few economically flourishes for years;

- Germany is increasing its production potential.

It is especially advantageous to exchange money for zlotys. Economists foresee the rapid development of this country due to the location of several important factories on the territory of the state. In addition, Zloty exchange rate may be of interest to everyone who is going to visit Poland for tourism or immigration purposes.

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