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The banker gave advice on choosing a currency for savings

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Savings should be kept in the currency in which the funds can be spent in the future. This advice in an interview with RIA Novosti was given by the head of Rosbank Ilya Polyakov.
He also explained that those wishing to exchange money should adhere to the principle of currency diversification, since currency fluctuations are too chaotic and often difficult to predict.
On October 4, experts from credit institutions named the most popular currencies among Russians for storing savings. Thus, according to the data of credit organizations, on average Russians keep 89 percent of their savings in rubles in large banks, the rest of the funds they place in dollars, euros, and very rarely – in exotic currencies.
On September 22, it was reported that in August the Russians decided to massively withdraw $ 405.2 million worth of foreign currency from their accounts and deposits. As of September 1, the volume of funds of the population in foreign currency deposits fell to $ 89.2 billion. Prior to that, clients replenished their accounts for three months in a row (May-July) (their volume increased by $ 1.36 billion). In August, balances on foreign currency deposits decreased by 0.5 percent, while the volume of ruble deposits increased slightly (by 0.1 percent).

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