The round table "Currency risks: how to reduce the volatility of the ruble and yuan", organized jointly by the Office of the Presidential Commissioner for the Protection of the Rights of Entrepreneurs with the Russian-Chinese and Chinese-Russian Friendship, Peace and Development Committees was held on March 24, 2022. The event was in a mixed format.
Under the influence of the new sanctions, Russian business began to reorient itself to China, while facing the problem of settlements with Chinese counterparties. Within the framework of the round table, experts discussed a wide range of issues. in particular, the problems of currency risks, tools and mechanisms for hedging them, problems of reducing the volatility of the ruble and yuan, the complexity of working in the CIPS system.
Oleg Preksin, Member of the Board, Chairman of the International Banking Committee of the FBA EAC, took part in the event on behalf of the Association.