Russians pick best foreign currency for savings ...News

The Chinese yuan is preferred over the dollar and the euro, according to a survey The Chinese yuan is now the most popular foreign currency for savings among Russians, a survey conducted by the Public Opinion Foundation has revealed. Respondents were asked to imagine that they were given a large amount of money in rubles on condition that they must convert it into a foreign currency of their choice and keep it in a savings account for five years. Roughly 32% of respondents favored the Chinese currency. The euro came in second with 26%, followed by the US dollar with 23%. The yuan is the most popular currency among

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