According to the results of April 2023, the funds of the population in Russian banks increased by 604 billion rubles. In this respect reported In the material of the Central Bank “On the development of the banking sector of the Russian Federation in April 2023”.
“In April, household funds (without escrow accounts) increased quite significantly (+604 billion rubles or +1.6%) after a modest increase (+0.7%) in March,” the document said.
According to the regulator, this was due, among other things, due to the advance and increased size of social payments before the holidays in May. In particular, we are talking about the indexation of pensions.
March 7 Bogdan Zvarich, principal analyst of the financial supermarket Banki.ru declarationThe risks of weakening the ruble this year are great, so it is better to partially convert them to other currencies in order to save on savings. The expert pointed out that the possibilities for currency diversification have decreased due to the fact that the dollar and the euro have become enemies. This added to the infrastructure risks and additional costs associated with holding such currencies.
Prior to that, financial analyst, trader Artem Zvezdin described the yuan as a “perfect alternative” to the dollar and euro. The expert noted that the Chinese currency could protect the Russians from increased risks from the West.