Analyst Kuchin advised to buy currency every month for a portion of savings
Head of personal brokerage service “BCS World of Investments” Sergey Kuchin called Prime “is the best time to buy currency in order to save your savings.
” The golden time to buy currency in order to diversify your savings is always. Nobody knows where the “bottom or ceiling” of the currency rate is, so it is more correct to buy it every month for a portion of your savings, “the analyst said.
He advised investing the purchased currency in American securities or shares of European companies. In addition, the expert warned Russians against buying dollars or euros for speculative purposes, since it is difficult to predict how central banks will behave during a period of turbulence.
will continue to fall, and the dollar will continue to rise in price. The speed of this process, in his opinion, will depend on many unpredictable factors – the geopolitical situation, oil and gas prices, the situation with the coronavirus, etc.