Originally Posted by XXXtrailers

Ukraine is not safest place to place a money.
http://www.xe.com/currencycharts/?fr...o=USD&view=10Y
I wouldn't want to have deposit in local currency in 2008. Lol

But it's true. They have a huge %.

Originally Posted by XXXtrailers

Here is list of banks that garanteed by goverment(under 200 000 UAH = $25 000)
http://www.fg.gov.ua/members/stuff/

But main risk it's currency rates floating. You sent $25k for 8UAH/1USD = UAH 200k , but currency rate increase to 10UAH/1USD = $20k.
- $5k

You still can use this type of investing but you must be warned.