SAVINGS BEHAVIOUR PATTERN: FORGET THE CURRENCY

Mikhail Khromov

Russian Economic Development, 2016, issue 2, 45-47

Abstract: In 2015, the population has turned to the savings pattern. It is reflected among other in the renewal of the savings rate on bank deposits, which was characteristic of 2012–2013 and simultaneous repayment of bank debts. At the same time, prior to December 2015, there was no signifi cant demand for foreign currency and downward trend for cash demand remained.

Keywords: Banking sector; Russian Economy (search for similar items in EconPapers)
JEL-codes: E21 E41 E51 E58 G21 (search for similar items in EconPapers)
Date: 2016
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