Photos of day

Date: 9 months ago   Category: Finances

The best investment. The dollar since the beginning of year has risen in price almost for 18%


In nine months 2018 banal purchase of dollars was one of the best ways of investment of capital. For comparison, euro for this period has risen 11%, the index of the exchange — for 9%. On what horizon to hold the American currency? Photo: To depositphotos.com the Banal investment decision — to buy cash dollars and to hold, in 2018 it shows fine profitability. And it wasn't even necessary to invest these dollars in eurobonds: they though give the quite good coupon, but because of sanctions have lost in price. Since the beginning of year the ruble falls and this with the fact that prices of oil keep highly and have even grown up for this period. If to take longer horizon, then the dollar anyway rose against ruble. For example, in 20 years even if to head after devaluation of 1998, the dollar has risen in price by more than three times, that is has added more than 200%. To be fair It should be noted that in zero the dollar fell nearly six years in a row in relation to ruble not only in nominal, but also in real terms. For the last ten years not only ruble, but also other currencies of developing countries have fallen in price in relation to dollar and other currencies of the developed countries. After crisis of 2008 the relation of investors to emerging markets began to change, and after the European debt crisis of 2011 this relation has changed radically, the director of the analytical department "Loco-Invest" Kirill Tremasov says: Kirill Tremasov the director of the analytical department "Loco-Invest" "Actually since 2011 economic dynamics was displaced from emerging markets towards developed. The last five-six years emerging markets significantly lagged behind in dynamics developed. It is clear, that for this period the dollar, of course, was the most attractive currency. Profitability in the past isn't guaranteed and in the future. It is connected with the corresponding parameters of credit policy and macroeconomic policy. For 20 years you won't find any of emerging economies where inflation would be lower, than in the USA. But in recent years after all rates of inflation in developing countries and in the USA have considerably approached. If to predict for 20 years, then not the fact that history will repeat". There were periods when in rubles it was possible to receive high profitability: for example, in 2014 on bonds of a rate there were 16-17%. If to look at all history of the Russian currency, then investments in dollars in the long term were more favorable. Many factors play advantage of dollar and now, the expert of BKS Ivan Kopeykin:ivan Kopeykin the expert of BKS "Factors of growth of dollar says quite a lot. Monetary policy toughening. For example, rates on bonds grow, respectively, there is an overflow of money from emerging markets back in the most risk-free tools. Already even rather profitable bonds of the USA, the same Treasures. Plus decrease in tax burden in the USA creates a certain inflow of the capital, demand for the American assets too. The sanctions rhetoric doesn't give to ruble too

URL:


Today

3 hrs ago

The politician made such decision after emergence in the Spiegel edition of a scandalous video. The roller is dated 2016. Why it is published just now? Heinz-Christian Shtrakhe. Photo: Leonhard Foeger...

4 hrs ago

Damages to economy of the USA are assessed at 3.5 billion dollars. Plus more than ten million Americans will not come to work because of viewing of the finishing episode of the saga of the Photo: a sh...

4 hrs ago

Security of residents of million-plus cities with qualitative floor spaces was estimated by analysts of Knight Frank. Samara, Yekaterinburg and Nizhny Novgorod of the Photo were in the top three: depo...

5 hrs ago

The vice president of RAS suggested to enter additional examination for students, and teachers from other higher education institution have to accept it. Whether educational institutions and students...

11 hrs ago

Ice fish in Soviet period was got in significant amounts, it cost little. It and for fish was not considered and bought for cats. Now the kilogram ice costs about one thousand rubles of the Photo: Mik...

11 hrs ago

The semi-marathon in the capital starts on May 19 at nine o'clock in the morning. Some streets and embankments of Moscow will be blocked by the Photo: Sergey Vedyashkin/AGN Moscow the Most mass runnin...

12 hrs ago

The mayor's office of Yekaterinburg and the activists supporting preservation of the square in the downtown coordinated positions on construction of the temple the Mayor of Yekaterinburg Alexander Vys...

12 hrs ago

In the capital the cycle festival will be held on May 19. The organizer of the event is the Moscow Department of Transport now, but thought up this event and the Let's Bike It team of the Photo develo...