Economist Razuvaev named the optimal currency for savings


Economist and financial analyst Alexander Razuvaev believes that now is the right time to open a deposit in the Russian national currency, Vechernyaya Moskva reports.

Now the key rate of the Central Bank is eight%. However, the regulator may reduce it in the near future to 7% per annum. Rates on deposits following this will also be reduced.

Razuvaev stressed that money should not be kept in euros and dollars: this is “the currency of a potential adversary.” Because of this, there is a risk of losing savings.

The currencies of the CIS countries depend on the ruble exchange rate, so it is worth investing in them moderately. However, there is an exception to this list – the Azerbaijani manat, which is considered an oil and hard currency.

Also during this period, it makes sense to buy shares of Russian second-tier companies. Over time, their value will increase.


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