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Almost 40% Of Belarusians Prefer To Keep Their Savings In Cash

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Almost 40% Of Belarusians Prefer To Keep Their Savings In Cash

Belarusians are taking their fall money to exchange offices again.

The National Bank has investigated inflationary expectations of the population for the second time. Last time, in November 2017, the poll was about what Belarusians expected from prices and how they stored money, kp.by writes.

Prices have risen and will grow

Belarusians still believe that prices have risen a lot – 47.9% of the population responded this way. 38.7% of the respondents think that prices have grown moderately.

Bad time for major purchases

This is how 70.1% of respondents think. 65% of the population think that this is a bad time for large purchases on credit now. People support these ideas by the facts: in the last three months, 45.4% avoided large expenditures, and this despite the New Year holidays.

16.8% of the respondents designated treatment – their own, of the children, relatives – to large expenses within the last three months. Only 11.5% had spent money on computer equipment, tablets, smartphones, etc., 11.2% – on household appliances, and only 5.5% – on rest.

Keep money ... in a cookie jar?

More than 70% of people who took part in the study of the National Bank, believe that now it is a bad time for savings. At the same time, most of those who still save something prefer to do it in foreign currency (70.7%). At the same time, 38.9% of respondents prefer to save money in cash – that is, they just store them in a cookie jar. And only 28.4% keep the money on deposit in the bank.

Apropos

In February, Belarusians bought cash for 159.9 million dollars

We are taking their fall money to exchange offices again: according to the National Bank, in February, the population turned out to be a net seller of currency. So, last month, we exchanged cash dollars, euros and other foreign money worth 159.9 million dollars. In January, we remind, the amount was 89.4 million dollars.

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