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The analyst warned about the possible depreciation of cash stored at home

Analyst Rastorguev: cash stored at home may become worthless
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Large amounts of cash that are kept at home may become worthless due to inflation. This was announced on May 11 by Igor Rastorguev, a leading analyst at Amarkets.

"It makes no sense to withdraw cash in reserve if there is no risk of technical failures — storing large amounts at home carries several problems at once: they depreciate due to inflation, physical risk remains and operational risk increases, as banks may require confirmation of the origin of funds," RIA Novosti quoted him as saying.

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Переведено сервисом «Яндекс Переводчик»

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