Economist chooses the world’s most reliable currency 11:38

Yuan is currently the most reliable currency in the world. This was reported by “lenta.ru” Candidate of Economic Sciences, referring to financial analyst Mikhail Belyaev.

According to him, confidence in China’s stable economy makes the yuan the leader among world currencies.

“Currency is a derivative of the state of the economy. Therefore, you can only choose between three currencies: yuan, dollar and euro. If we list these, yuan may be preferred. Because it is based on a reliable economy that is under strict control,” Belyaev explained.

The expert put the dollar in second place in terms of reliability because the US economy, although it has problems, is still strong. And thirdly, the euro, because the sustainable development of Europe is not visible.

The day before Deputy Romanov saidRussia’s ill-wishers failed to break our economy. According to the politician, much has already been done, but much remains to be done in the context of continuing the reform of control and supervision activities.

Russians before in the name Five rules for managing finances during a crisis.



Source: Gazeta

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