“If you have any significant savings, it is better to create a so-called basket of currencies,” he said in an interview with Andrei Makarov, head of the State Duma’s budget and tax committee.

According to RIA Novosti, Gref noted that at once all currencies cannot fall simultaneously.

According to him, most likely there will be volatility of currencies relative to each other.

Gref added that a basket of currencies is best created from the ruble, dollar, euro and Swiss franc.

Earlier, economist Alexander Dudchak commented on research from the Analytical Center of the National Agency for Financial Research (NAFI) on reliable ways to save money during a crisis. In an interview with Newinform, he noted, in particular, that investing in real estate depends on the specific current market situation in this segment. He added that land acquisition can also be seen as an investment option, since land is in steady demand at all times.