What time do experts advise to buy/sell dollars

09.10.2024 22:28

This month, it is not worth buying or selling the American currency.

Bankiros.ru reports this with reference to economists Mikhail Zeltser and Igor Balynin.

When to buy/sell dollars

According to Mikhail Zeltser, a candidate of economic sciences, it is not worth buying currency in October.

As the economist explained, a correction of exchange rates is expected this month, so it is worth waiting until November.

That’s when the yuan, dollar and euro can be used for the rebound towards the New Year, Bankiros.ru quotes the expert’s opinion.

dollar
Photo: © Belnovosti

Now is also not the right time to sell currency, noted economic candidate Igor Balynin.

The economist advised waiting until December and, if the exchange rate rises, exchanging the currency for rubles.

Author: Timur Khomichev Internet resource editor