Date: 5 months ago   Category: Finance

American investor Jim Rogers: ruble exchange rate has reached a bottom — Rambler News Service


Photo: The Russian ruble is "at the bottom", such opinion was expressed by RNS the American investor Jim Rogers on the WEF-2018 sidelines. "I see that ruble about 70 (rubles for dollar. — RNS) today … I would tell possibly, it is necessary to buy it because the ruble probably is at the bottom, at a full bottom. I would buy ruble" — he has said. Rogers has noted that he because of a situation in the world has suspended investments so far, but if invested, then would take the Russian bonds and shares of the Russian companies. "If I bought, I would buy the Russian bonds, but now it is necessary to look at a situation in the world because of America. America makes many mistakes … It looks so that there will be many bad news, and I don't buy anywhere right now, but if I bought, then I would take the Russian shares and Russian ruble" — the investor has told. According to Rogers, the Russian agricultural sector is "the most optimistical sector in all world economy" now.

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