Best currencies to invest in

Which are the best currencies to invest in? This is a question that investors don’t ask themselves often enough. The truth is that the best currencies to invest in is determined by the amount of time you’re willing to wait for a return. For this reason, we’ve taken a look at the best long term options for the currency market.
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Singapore dollar

You might be surprised to read that the Singapore dollar is one of the best currencies to invest in right now. The country’s steadily growing economy still shows signs of continued prosperity and it’s the world’s most open and transparent economy. Tourism and travel continue to improve and the fact that Singapore’s a gateway to China will always make it attractive to investors.

Swiss Franc

This is always referred to as a safe haven currency. Switzerland is probably the most stable economy in the world. It’s based on tourism and banking which offer consistent returns. The nation’s political neutrality is also helpful for investors wanting consistency. This is a stable and safe investment, particularly if you have dollars to put in.

Australian dollar

The Australian dollar is very sensitive to fluctuations in the price of copper, aluminium and gold which means it’s a great place to put your cash if you believe these raw materials will increase in value.

Chinese Yuan

This is a great option for those looking to make a long term investment. The Yuan has been steadily increasing since 2005 thanks in part to political stability. Investing in this currency is a great idea for those who want steady returns on their money as interest and appreciation will slowly but surely increase.

The Euro

Will you get a good return if you put your money into Euros? Well, aside from the US dollar, this is seen by the world as the second major currency but recent issues in the Eurozone may have put you off investing your hard earned cash with this currency. This is one to watch closely before you take the plunge.

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