10-27-2023, 04:19 PM
(06-22-2023, 11:31 AM)Henrywrites Wrote: Saving money is one of the stimulus to economic investments. You can not achieve investment growth without having a proper saving. However, there are economies that are affected by inflation which makes saving in foreign currencies the best way to go. Do you consider adopting such option?
Saving in a foreign currency can be considered too when you are being faced with a galloping inflation. You would want to protect your funds, and that would mean planning to save as much as you can in a currency that is not being affected mostly by the high inflation.