The end of the era of dollar as a subject of currency savings is not so far

The dollar rate is overvalued. It is too high especially in relation to euro. Dollar in comparison with euro is weakening. Many analysts think that from the beginning of next year we will observe the decline of the era of the dollar as an instrument of currency savings, and dollar will be changed into other currencies, that will become stronger by that time.

"In my opinion, the rebound of Ukrainian national currency will happen in January. How soon it will be done depends on the reaction of our establishment to the incorrect and in many positions wrong behavior of our monetary government and the government in general", - Yuriy Prozorov, General Director of DAGDA LLC, the President of Ukrainian Society of Financial Analysts.

The source: UBR (Ukrainian Business Resource)