Sberbank has released information that term deposits for individuals in rupees were opened this week.
It is emphasized that the credit institution voiced a proposal to begin placing rupees at 3.56 percent per annum.
The term of such a deposit must cover a period of up to a year, as reported by the Izvestia newspaper.
In addition, it is noted that after the introduction of sanctions against Russia by the West, Russian banks are increasingly offering clients the opportunity to open deposits in rare currencies.
It is reported that in this way credit organizations offer Russians the opportunity to try to earn money on interest payments.
Is it profitable?
Yuan deposits offered by major banks offer a wide range of interest rates to choose from.
For example, some deductions may be 3 percent, some 6 percent, depending on the conditions.
This option is quite attractive because the Chinese economy has embarked on a path of deflation, which means that the yuan exchange rate will rise in the future.
