Acquiring foreign currency is an excellent way to invest money. Some people prefer to buy it at traditional exchange offices and then invest profitably. Others purchase currency from the comfort of their homes, managing it at their discretion to earn additional income....

... Dynamics Impact the Global Economy Despite the dollar’s continued importance in the international financial system, many countries, including BRICS members, have started to develop alternative mechanisms. Countries are increasingly pursuing bilateral currency agreements to settle trades without using the dollar. If this trend continues, the dollar’s role as the world’s reserve currency may gradually diminish. While a complete departure from the dollar remains unlikely in the short term due to its liquidity and the stability ...

Investing in currencies remains relevant regardless of the global economic situation or the economy of a particular country. It is a good way to preserve your wealth, and in certain cases, it can also yield substantial profits. Currency investments remain relevant ...

The Central Bank of Russia has taken a significant step towards strengthening the country's currency market by purchasing the Saint Petersburg Currency Exchange. How will this affect currency transactions, what will the new platform give the Central Bank, and what prospects are opening up for Russian business? In this article, we examine the ...

... on Currency Outflows Current restrictions minimize capital flight, contributing to the stability of the exchange rate. High Volume of Settlements in Rubles An increase in transactions in the national currency for imports reduces dependence on foreign currencies. Positive Trade Balance A surplus of exports over imports ensures a stable inflow of currency into the country. Seasonal Factors At the beginning of the year, demand for foreign currency from importers traditionally decreases. Ruble Exchange Rate Forecast Experts ...