Jasz
VIP Contributor
Many Americans have their savings in United States dollars, but this may not be your best option. However, I observed that so many countries value the Dollar, thereby saving their money in Dollar. Most Nigerians will prefer that due to the ratio of Dollar to Naira and probably because of the same stability i'm talking about. Some do that because of their economic situation, inflation and the rest.
While some do it to make profit after some time. While the dollar is a very strong currency, it is not necessarily the most stable and it certainly is not the most stable. There are many options for those looking to diversify their savings geographically. There are many good reasons to invest your money in other countries' currencies.
While some do it to make profit after some time. While the dollar is a very strong currency, it is not necessarily the most stable and it certainly is not the most stable. There are many options for those looking to diversify their savings geographically. There are many good reasons to invest your money in other countries' currencies.
