Goldman Sachs advises investors in 2016 to buy the ruble against the Rand and Chilean peso

Goldman Sachs advises investors in 2016 to buy the ruble against the Rand and Chilean peso


MOSCOW, November 20. Goldman Sachs recommends investors to buy in 2016 Russian ruble vs. South African Rand and Chilean peso. This is stated in the message Agency Bloomberg. A similar strategy, the Bank proposes to apply to the Mexican peso.

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© Fotokhronika TASS/Valeriy Khristoforov

The Russian ruble has had two decades to become a freely convertible

The Russian currency has occupied only the sixth position in the recommendations of Goldman Sachs. So, among the best shopping strategies for the next year, according to the Bank, are buying dollars for euros and yen. “The divergence in the course of the fed and ECB policy the Bank of Japan will remain one of the longest topics 2016.

Currencies are particularly sensitive to such differences and despite the past rise in the dollar, we believe that it has the space for further strengthening of the Euro and the yen,” Bloomberg cites a report from Goldman Sachs strategists.

In addition, Goldman Sachs recommends buying tied to inflation, the bonds of the United States against classic bond. Strategy for U.S. treasuries, according to analysts, will allow “to play against overly pessimistic expectations” on prices in the United States.