Russians named ideal currencies for storing savings

Analyst Shulgin urged Russians to keep their savings in dollars and Swiss francs

people think about how to maintain and increase their existing savings. This can be done most effectively with the help of a portfolio of currencies, reports the Prime agency.

Shulgin explained to the Russians that, unlike the conservative portfolio, which includes the ruble, dollar and euro, an effective portfolio also involves other currencies, potentially more profitable at some point. Among the currencies of the G10 countries, it included the US dollar, the Canadian dollar and the Swiss franc.

The analyst called dollars and Swiss francs ideal currencies for storing savings and urged to keep funds in them. In addition, he spoke about the growth of the Russian ruble.

“Since the beginning of 2021, the Russian ruble has been the growth leader against the dollar (+4 percent) among the EM currencies. He is the beneficiary of the rise in commodity prices, in particular for oil and gas. We believe that in the coming months he will continue to benefit from the situation on the energy market, ”Shulgin emphasized.

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