Expert gives Russians advice on buying currency

06.10.2024 15:46

It has become known how to most profitably store foreign currency.

Both dollars and euros can be profitable investments if managed correctly.

Financial expert Vladimir Grigoryev expressed this opinion in a conversation with Lenta.ru .

The candidate of economic sciences reminded that dollars and euros have been showing successful growth recently. That is why you can make money on this.

As Grigoriev noted, the ruble strengthened in the summer due to a decrease in imports into Russia caused by sanctions pressure.

dollar
Photo: © TUT NEWS

At the same time, companies managed to adapt and find workarounds for trade, so foreign currency became in demand again, which is what causes the growth in its prices.

Therefore, the dollar and euro will grow until the end of the year, and therefore buying cash currency can be a profitable investment.

The expert warned about the risks associated with the acquisition of virtual currency. In his opinion, non-cash accounts are more vulnerable to sanctions and restrictions.

Author: Irina Tint Editor of Internet resources