If you choose a currency as a tool for saving savings, then it is best to adhere to the principle of diversification and focus on the currency in which funds can be spent in the future. The reason for this lies in the unpredictability and chaos of exchange rates, said the head of Rosbank Ilya Polyakov in an interview with RIA Novosti.
According to the specialist, it can be difficult for retail clients to navigate market trends and guarantee their earnings on the game with the rise and fall of the rate.
“Fluctuations in exchange rates are too chaotic and often difficult to predict. At the same time, the choice of the currency for investment in accordance with the currency of future expenses reduces the risk of exchange rate changes in budget planning, ”the banker explains.
At the same time, the head of the credit institution notes that at the moment the volume of foreign currency deposits is quite stable. It is about 10%. Traditionally, citizens invest in the dollar, but there are also more refined currencies. For example, pounds sterling and others.