Analyst Vasiliev told which currency is better to buy before the New Year

For those who want to buy foreign currency before the New Year, it is best to purchase in the form of bonds the currencies of friendly countries. Such advice was given by the chief analyst of Sovcombank Mikhail Vasiliev.

According to him, due to anti-Russian sanctions, the euro and the dollar retain their toxicity. And because of high inflation in the United States and Europe, the purchasing power of these currencies is falling.

The expert called the purchase of currencies of friendly countries the most profitable investment. In particular, Vasiliev recommended paying attention to the yuan.

“We prefer currencies of friendly countries without sanctions risks, which are stable against the dollar and the most promising of them is the Chinese yuan”– added the analyst during a conversation with the agency “Prime”.

In conclusion, he stressed that investing in yuan bonds, as well as papers of Russian companies, will bring positive real returns.