Which currency is more reliable?!
Many people think that the question is in what currency it is more reliable to store money. There is no unequivocal and absolute answer to the question, the situation can change at any moment. But you can make certain predictions.
Paralel.az according to a BCS Broker, Dmitri Babin, a specialist, said that the dollar will be the most profitable currency in the near future due to high inflation in the US.
The Federal Department of State (FED) could tighten its monitor policy in the next month, thereby easing inflation. However, in our opinion, the FED is not concerned about the level of inflation in the country. Because the high inflation in the US is due to the rapid activation of the economy. For this reason, the dollar is showing an interesting performance-it is getting cheaper in the country, and the international currency exchange is getting more expensive-it is strengthening (RIA.Novosti)
At present, the euro, fundsterlink and other currencies continue to lose value before the dollar. This court additionally insures oil prices. The price of oil has continued to fall in the world markets. There is a need to increase production, in which the turnover is expanding. As the turnover expands, the demand for the US currency is growing as oil is traded in dollars. This trend is additionally becoming a factor that stimulates the strengthening of the dollar. All this can be concluded that the most profitable currency for the Laurel in the quarter will be the dollar, and the most profitable country for investment will be America.
Akif Nasirli