German Gref, head of Sberbank, advised Russians not to keep their savings in foreign currency. He said this in an interview with Naila Asker-zadeh on the TV channel. “Russia 1”.
Gref noted that universal advice should never be given, but urged against keeping savings in hard currencies as they do not currently provide any returns.
The head of Sberbank added that the market has hedging instruments, including foreign exchange risks.
“There are ruble bonds on the market. Now is a unique moment to exit the dollar and the euro. But it is best to invest in shares,” said Gref.
The president of Sberbank is also stated about the feasibility of reducing the dollar exchange rate to 80-85 rubles. According to him, this way is fair.
September 11, Chairman of the Board of Directors of Sberbank Anatoly Popov statedThe share of currencies of unfriendly states in Sberbank’s corporate loan portfolio fell to 14% at the beginning of September.
Previously Mishustin in the name Avoid excessive optimism.