"I don't believe in the Russian stock market": Deripaska spoke about priority investments in Russia

03.07.2024 17:02

Oleg Deripaska spoke about priority investments.

According to the businessman, it is worth investing in the debt market, as well as fintech.

The expert voiced this point of view at the Financial Congress of the Bank of Russia, RIA Novosti reports.

Deripaska noted that in the near future the deposit rate is expected to be 16%, given that the ruble will continue to strengthen.

The businessman admitted that he does not quite understand how the national currency manages to strengthen given the existing restrictions.

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Photo: © TUT NEWS

Therefore, the businessman emphasized, the transition to a new reality from the old economy requires fundamentally new approaches.

In particular, Deripaska believes that the future now belongs to financial technologies and the debt market.

Moreover, contribution to the latter will become possible after Russia is able to create conditions for the arrival of foreign investors.

Earlier it was reported that Oleg Deripaska won a lawsuit against Oleg Tinkov for 20 million rubles.

Author: Irina Tint Editor of Internet resources