ALEXEY VEDEV SPOKE ON WHETHER THE YUAN SHOULD BE CONSIDERED A PROTECTIVE CURRENCY
In the context of the Central Bank's restrictions on euro and dollar transactions, Russian investors may focus on the yuan. "RBC Investments” asked Alexey Vedev, Head of Financial Studies Department of the Gaidar Institute, where to find China's currency and see if one can make profit.
According to the expert, stock exchange actors should be cautious when making decisions about investing in the yuan, because "mutual investment relations between Russia and China are insignificant and right now there is little support for the ruble and the yuan in terms of investment projects.
Wednesday, 09.03.2022