Recent survey results reveal a notable shift in savings behavior among respondents. About 13% of people surveyed since last year chose to move away from cash dollars and euros in favor of the ruble, transferring their savings into the national currency. This finding comes from a study reported by Izvestia, which cites data from Vyberu.ru Market.
Yaroslav Bajurak, the executive director of the company, notes that fluctuations in the ruble have made the dollar and euro appear as high‑risk instruments. In his view, this environment can both protect and erode savings depending on exchange rates. He suggests that the yuan could emerge as an alternative to the American and European currencies. Yet Bajurak points out there has been no noticeable demand for yuan deposits to date, and the ruble remains the most accessible savings option for many households.
Additionally, 17% of respondents indicated a preference for spending on repairs or the purchase of home appliances and electronics rather than building a foreign currency savings buffer. At the same time, 67% reported having no spare money to set aside for savings.