Cash US currency is not intended for purchase yet

11.05.2021

Buying cash dollars is dangerous with a loss on the difference in the rates of buying and selling in banks.

He explained that this difference becomes maximum during periods of strong exchange rate fluctuations, when citizens seek to buy up foreign currency. Also, he warned that there is a possibility that “thieves or fraudsters can wait for clients at exchangers, and exchange office employees may resort to various unclean schemes.”

As an alternative to cash, the expert suggested considering the possibility of keeping currency on a bank deposit or buying Eurobonds.