What are the safe-haven currencies? Which one is the best safe-haven currency?
A safe-haven currency, also known as a store of value currency, refers to a currency that is less vulnerable to factors such as political instability, war, market fluctuations, and other risks. They are relatively stable and less likely to depreciate. Safe-haven currencies are designed to minimize the risk of depreciation but this doesn't mean that they are immune to fluctuations in market prices, as the market price of any currency can experience volatility.
2023-04-07