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Russia - Analyst Maslov named the main competitor to the dollar in 2022

Russia (bbabo.net), - In 2022, the British pound could become a rival to the dollar as the best asset for savings. Andrei Maslov, an analyst at FG Finam, told the Prime agency about this.

He recalled that the Bank of England raised the key rate for the second time for the first time since 2004. In addition, the country is experiencing a record inflation rate of 5.5 percent since 1992, which could force the regulator to raise the interest rate again.

"Thus, the pound may well compete with the dollar in 2022," the expert noted.

The yen, euro and franc, on the contrary, are not the best currencies in terms of reliability, since the central banks of these countries are set "softly" and most likely will not raise rates, Maslov concluded.

Russia - Analyst Maslov named the main competitor to the dollar in 2022