Why you need to immediately abandon the dollar

3
A lot can affect the exchange rate. First of all, it is - policy: both internal and external. Natalya Milchakova, deputy head of the Alpari analytical department, told Rossiyskaya Gazeta what the ruble exchange rate might be before the end of the current month.





Milchakova noted that the presidential election has already taken place. The intrigue now is what the composition of the future government will be. This situation will be uncertain until May, as Vladimir Putin intends to consider this issue after the inauguration. Thus, in April, domestic policy is unlikely to have a significant impact on the ruble.

And as far as foreign policy is concerned, it is quite possible to expect significant events that significantly affect the economy.

According to the expert, one should not expect benchmarks for the dynamics of exchange rates from the US Federal Reserve in April. After all, the next meeting of the Federal Reserve Committee on Open Markets, where the issue of interest rates will be discussed, will only be in May.

However, the foreign exchange market is anxiously awaiting confirmation or refutation of rumors that the British government will prohibit the placement of Russian Eurobonds on London trading floors. Milchakova expressed the hope that such rumors would not receive confirmation, because anti-Russian actions would hit British investors (as well as investors from other countries).

A meeting of the European Central Bank is due on April 26. There will be considered the question of interest rate. The expert suggested that it will remain at zero level: inflation in Europe is low. At the same time, however, the euro may affect news on tightening the monetary policy of the European zone. Unfortunately, this will weaken the ruble against the single European currency.

But in our country, the question of reducing the key rate will be considered by the Board of Directors of the Bank of Russia, which will be held on April 27. The decision on this issue will depend on inflation statistics for March and the first half of April. The price of oil will also have an effect. If inflation for this period is lower than the forecasted annual inflation (4%), and the oil price does not fall below $ 65 per barrel, then the rate may again fall. If inflation is higher than forecast, and even oil prices fall, then, most likely, the rate will be unchanged.

Milchakova predicted that the rate of the American currency in April would be in the range of 56,5 - 59 rubles. As for the euro, its rate is likely to be from 69,5 to 72 Russian rubles. In general, the expert noted, the dynamics of exchange rates in April can be called a "sluggish sideways."

Thus, the interlocutor of the Rossiyskaya Gazeta concludes that at the present time the question of how to store the money can be answered: best of all, in euros.

We still believe that the euro looks more attractive than the dollar

She said and offered to invest 60% of the savings in euros. The attractiveness of this currency will increase against the background of macroeconomic indicators of the eurozone. However, it is clear that each person must independently decide what to do with his money and what forecasts to listen to.
3 comments
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  1. +1
    April 7 2018 00: 07
    All this is nonsense. We must follow the course of China and abandon the dollar.
    Only then Russia and not only it will be able to get rid of the financial dependence of the United States.
  2. +1
    April 7 2018 07: 21
    It is necessary to invest in the dollar, since virtually all international trade is carried out through the dollar (and not through the euro or yuan). Russian banks are currently experiencing a real "dollar hunger" - this is evident from the rates on dollar deposits (2-5%, while only 0-0,2% for the euro). And in general, there is a rule - when "analysts" (who feed from banks) advise ordinary citizens who are considered suckers in the banking sector (they give bankers completely different advice) something should be done exactly "and vice versa."
  3. 0
    April 10 2018 18: 00
    Fucked Milchakova with his forecast. The dollar is more than 63 rubles.
    But you need to invest in dollars, the last 18 years have shown that this is more profitable than investing in euros. So here, too, she says nonsense.