Associate Professor of Financial Markets Financial Markets named after G. V. Plekhanov Maxim Markov in a conversation with the Agency “Prime” called cases when it is necessary to abandon the purchase of dollars.
According to him, in the short term, it is not worth exchanging rubles to dollars to those who are not surplus for whom these rubles are not excess, and serve to cover their current spending and maintain the current standard of living. So, the dollar rate undergoes significant oscillations both in general and recently. “Do not expect to improve your welfare due to investment of its current cash,” said the financier.
He noted that the dynamics of the dollar’s course in the short term is extremely unpredictable and can go both in the direction of growth and in the direction of fall. If there is an increase in the course, for citizens and enterprises that do not have direct exit to the stock exchange, the effect of this growth may be minimal at the expense of bank commissions and courses.
Thus, in the short term, the rule should be followed that money is worth keeping in the currency in which they are spent. At the same time, in the medium and long term in currency, it makes sense to invest, pursuing various goals, noted Markov.
First of all, it is possible to earn on the growth of the dollar’s rate, since in a longer perspective this chance is greater. In addition, the currency should invest in those who expect to make overseas travel.
Earlier, the Synergy School Teacher Anton Emelyanov said that the best time for the sale of dollars is the moment when the foreign currency course begins to decline. According to him, it becomes beneficial to change dollars to rubles during the increase in oil prices. In addition to the decline in the exchange rate, a positive balance of foreign trade balance can affect – this means that more currency goes into the country than leaves.