An expert spoke about the most effective ways to protect savings from inflation.
The first deputy head of the Department of Economic Theory at the Financial University under the Government of the Russian Federation, Sergei Tolkachev, shared a comment on this topic.
The economist advises using several options for storing savings at once, RIA Novosti reports.
For example, use one part of the funds to purchase precious metals and put the other part in the bank at interest.
Tolkachev emphasized that today gold and other precious metals are a reliable asset.
In addition, short-term deposits also allow you to increase the size of your savings and protect your funds from inflation.
Other experts note that it makes sense to put funds at 13-15% for a long term.
Analysts also add that Russian banks provide the opportunity to open a multi-currency deposit. In this case, savings can be distributed between rubles and 1-2 foreign currencies.