The Deputy Minister of Finance of the Russian Federation spoke about the current situation with foreign currency in cash.
The expert expressed the opinion that dollars and euros are no longer safe means of money.
Alexey Moiseyev made this statement during his speech at the Mosfinforum, RIA Novosti reports.
According to the deputy minister, Russians still distrust bank deposits. People do not want to invest in pension funds and also avoid insurance companies.
At the same time, storing cash currency is becoming unsafe due to the decision taken in the USA and Switzerland to restrict the acceptance of old cash bills.
According to Moiseev, the European Union will soon resort to similar restrictions, and therefore it is better to gradually abandon cash savings in foreign currency.
As an alternative, the Deputy Minister of Finance of the Russian Federation named savings in gold, which has been steadily rising in price recently.
