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Financier warns Russians against currency deposits

The financial expert warned Russians against investing in currency. According to BCS Premier investment strategist Alexander Bakhtin, volatility is now too high.

Financier warns Russians against currency deposits

In addition, there is a strong speculative component, the expert believes.

He told Prime that the Russian ruble is falling amid geopolitical tensions, the threat of new sanctions and the situation in the oil market.

It can stabilize if oil rises in price, and sanctions risks decrease.

So when investing, you should understand well what time horizon the funds are invested in, in which currency the potential investor will spend.

 

Photo: from open sources

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