Aksakov: it is more profitable and safe to store savings in ruble deposits
Ruble deposits look like the most reliable and profitable tool for storing savings in conditions of high key rates. This was stated by the Chairman of the State Duma Committee on the Financial Market, Anatoly Aksakov. Quotes him RIA Novosti.
In addition, he recommended that Russian residents acquire a financial safety net, the volume of which should be enough for two to three months of expenses. Some percentage of this amount can be placed on a deposit from which money can be withdrawn at any time.
Earlier, the Bank of Russia reported that the average maximum interest rate on ruble deposits in ten Russian banks in the third ten days of September was 18.71 percent.
According to the Deposit Insurance Agency (DIA), over the past few years the propensity of Russian citizens to save money has more than doubled. Previously, Russians put only 5-6 percent of their cash income into bank deposits. Today we are talking about 13.5 percent.
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