Gref advised to keep savings in rubles

Photo credit: TASS/Mikhail Metzel

To date, the savings is better to store in roubles, because it is one of the most stable currencies. This statement was made by the head of Sberbank German Gref.

“Today, the savings should be stored in rubles, because the ruble is quite a stable currency”, – he said on air of the TV channel “Russia-1”.

Gref also admitted that a large part of his savings made in rubles, but part of the savings – in dollars and euros.

Earlier, the economist said about his forecast of the ruble, which can be 200 rubles per dollar. Later, however, the expert explained his statement as a rhetorical example, not a real prediction.

He also added that journalists had distorted his words. The meaning of the phrase was to “brand a rhetorical example,” to demonstrate the impact of devaluation expectations on investors ‘ activity.

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the Expert commented on the depreciation of the ruble, the Dollar rose above 62 rubles for the first time since January 6