First of all, the devaluation of the ruble makes the renminbi more valuable, which is conducive to China's imports, because the same renminbi can buy more things; At the same time, it is also conducive to Russian exports ~

Secondly, regarding the settlement of foreign exchange, there is no exchange rate risk in any currency. For example, there is no exchange rate risk when China imports are settled in RMB, but the settlement in rubles will be affected by exchange rate fluctuations, because RMB must be exchanged for rubles first ~ ~ but there is no risk and no income ~ ~

Finally, even if the ruble depreciates, if it is settled in RMB, it will not be affected by exchange rate fluctuations, but it will not bring benefits, because due to the expectation of ruble depreciation, it will save some RMB handling fees ~

For example, it is quite clear: suppose China imports goods worth 10000 yuan (RMB) from Russia, the exchange rate of RMB against ruble is 1: 10, and the expected devaluation of ruble is 1:20.

The analysis is as follows:

If it is settled in RMB, then China will not be affected by exchange rate risk. Regardless of the future exchange rate, China only needs to pay RMB 65,438+00,000. (This is the advantage of settlement currency, which is not affected by exchange rate risk)

However, if it was settled in rubles, China would have to pay 10000 RMB x 10 = 100000 rubles. Because of the devaluation of the ruble, China only needs to pay 100000 rubles /20 = 5000 RMB, which is equivalent to saving 5000 RMB in China. But because the settlement currency is RMB, (this is the disadvantage of the settlement currency, you can't enjoy the benefits brought by exchange rate fluctuations. )

This is why some people say the above question, but it has a premise that the ruble is expected to depreciate, but in practice, exchange rate fluctuations are as unpredictable as stock market fluctuations ~