Connect with us

Hi, what are you looking for?

Politics

US dollar and rouble equally attractive to Russians as means of savings poll shows

About a quarter of Russians said they prefer to keep savings in US dollars but almost an equal share..

About a quarter of Russians said they prefer to keep savings in US dollars but almost an equal share of population said that they consider Russias rouble stable enough for this purpose, according to a recent online poll.

The research, conducted by the Russian job search portal Rabota.ru earlier this month, also showed that 82 percent of the Russian public closely follow the news about currency rates.

Such high level of involvement can be explained by the fact that 81 percent of respondents in the same poll told researchers that they are affected by fluctuations in the national currency rate in their daily lives.

Read more

Of those affected, 79 percent said that it impacted their everyday purchases, 69 percent said it influenced them as they traveled abroad, while 43 percent said that currency rates affected the companies they worked in. 32 percent said they felt that the price of drugs and medical services also felt the impact of fluctuations, while 25 percent mentioned the entertainment sphere and 14 percent said education.

Only 3 percent of respondents said they were receiving wages in foreign currency.

When researchers asked what was the most attractive currency for savings, the largest proportion of respondents – 27 percent – answered that it was the US dollar.

However, an almost equal share of respondents – 26 percent – said that they have enough confidence in Russian rouble and did not convert the funds they plan to invest into any other currency. Euro was third in the trust rating with 24 percent, and Asian currencies – the Japans yen and Chinas yuan, were the last on the list with 1 and 5 percent of Russians ready to invest in them.

The worlds best known cryptocurrency, bitcoin, was not very popular with average Russians. Only 3 percent felt that it can be used for storing savings. 5 percent told researchers that the best way to keep savings was to use a combined portfolio of assets that included various currencies, gold and real estate. 9 percent of respondents said that they only make ends meet and dont have to worry about savings.

Think your friends would be interested? Share this story!

Original Article

[contf]
[contfnew]

RT

[contfnewc]
[contfnewc]

Finance

In an interview with ET Now, Dabur India Director Mohit Burm..

Science

The 147th Open championship will be at Carnoustie Golf Club in Scotland. Jan Kruger/R&A Golfers ..

Tech

Enlarge Oliver Morris/Getty Images) In response to an Ars re..

Tech

Enlarge/ You wouldn't really want to use Nvidia's ..