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Home News Specialist Golubovsky called yuan a reliable option for savings

Specialist Golubovsky called yuan a reliable option for savings

Photo by Chiang Henry on Unsplash

In a conversation with NSN, he expressed the opinion that there is no point in keeping cash dollars because of inflation, among other things.

“Yuan is more attractive in that sense because inflation in China is less than in the United States. You can find deposits on the yuan, you can’t find deposits on the dollar. With yuan, if you bought it in a brokerage account, you can buy bonds of Russian corporations. You can make money on it,” the expert explained.

Earlier, independent financial consultant Igor Podoprovetov in a conversation with FBA “Economy Today” expressed the opinion that the role of the American currency in the economy will decline.

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