Sunday, October 2, 2022

Dollars Around $280: Is It Worth Buying?

The parallel dollar is located near the $290 level. Meanwhile, the financial dollar fluctuates around $280. By far, the savings dollar is the cheapest on the market, although only $200 can be obtained. But is it a good investment?

financial Analyst salvador distefano Try to answer this question. “There is no chance of replenishment of reserves at this official exchange rate. The alternative dollar will continue to rise, the current price is very competitive. At $280, the alternative dollar is a very good investment, at any rate. Much better- linked instrument of interest, except for a fixed period adjusted for inflation,” he said on his Twitter account.

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UVA are still running. According to the information received from the Central Bank, UVA Time Deposit’s stock exceeded $400,000 million for the first time ever. This was after noticing its sixth consecutive month in July with double-digit monthly advances and a cumulative growth of over 145% over the year.

By the end of July, traditional fixed deposits grew by 16.8%, while UVA rose by 28.8% over the end of May and it is expected that with the inflation figures, many savers will renew or renew in this instrument. Will continue to put

Banks also offer the possibility of pre-cancellable “UVA + 1%” fixed terms as a positive real-rate investment option for savers, as they offer a minimum rate of 1% per annum at an interest rate equivalent to the index. Huh. Consumer prices reported by the index and an annual rate of 1%, which allows the purchasing power of savings to be maintained and Beat inflation by one digit at the end of the contract period of 90 days,

The specialty of this product is that it has the option of Cancellation before 30 daysAlthough with interest rates equal to 85% of the TNA given by traditional fixed terms.

For analysts, the fixed-term UVA is agreeable due to the increase in inflation. The rate increase confirms that inflation will be around 80%, which guarantees that UVA will continue to pay.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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