“The Dollar is Falling, the Euro is Predicted to Depreciate, Experts Discuss the Yuan’s Collapse! Are There Any Safe Currencies Left? Let’s Figure It Out!” — Konstantin Ziyatdinov for Sobaka.ru
In recent days, the news has been filled with increasingly alarming headlines about the future of global currencies. After US President Donald Trump announced tariffs on goods from most countries, the dollar has been predicted to lose investor confidence. On the other hand, analysts do not rule out a fall in the euro due to difficulties in the European economy. The yuan has already dropped to levels seen in the 2000s. Can currencies really all fall at the same time? Are there any left that can safely hold savings? Konstantin Ziyatdinov, Head of the Private Client Department at Prime Advice Consulting Group, answers these questions.