In the foreign exchange market of Ukraine, a significant increase in the euro exchange rate has been recorded, which today reached a historic high of nearly 50 hryvnias per unit. The dollar has also increased in price, but less noticeably. According to analytical data, over the past week, the euro has risen in price by about 50 kopecks.

Experts have differing opinions on the best investment options. Oleg Pendzin, an expert from the Economic Discussion Club, advises to refrain from changes in the currency portfolio until December 18, when it will be clearer where it is better to invest funds – in dollars, euros, or securities.

On the other hand, Andrii Zablovskyi, head of the secretariat of the Council of Entrepreneurs under the Cabinet of Ministers, recommends investing in gold and silver. According to him, it is important to consider that for profitable reinvestment, one needs to have at least 1400 euros, as the cost of initial investments in gold is quite high – starting from 65,000 hryvnias for a 10-gram ingot.

Currently, the euro exchange rate has risen to 49.86 hryvnias per unit, while the dollar rate fluctuated between 42.1-42.6 hryvnias. Taras Lesovyi, director of the financial markets and investments department at Globus Bank, warns that an increase in demand for currency could provoke fluctuations in rates. He notes that the Ukrainian foreign exchange market is currently uncomfortable due to the currency shortage.

Given the decrease in the discount rate by the Federal Reserve System of the USA, experts predict that this could influence the dollar exchange rate. It is noted that the current increase in the euro is a result of the activation of the currency market.

Regarding investments in currency, Andrii Shevchishin, a financial analyst, recommends keeping 50-60% of the portfolio in convertible currency, so that in case of need it can be quickly converted to hryvnias. At the same time, he considers future investments in bank metals to be not the best option.

At the moment, experts advise refraining from buying and selling currency until there is final clarity on the situation in the market.