OREANDA-NEWS. February 26, 2010. The Analytics Unlimited International Bankers’ Club held, with active support from the Russian Banks Association, a round table on the theme of “National and Collective Currencies in International Circulation: Peaceful Coexistence or … ?”, reported the press-centre of Sviaz-Bank.

Guests at the Club’s latest meeting included RBA President Garegin Tosunian; RBA Vice President Oleg Preksin; Mikhail Portnoy, Director of the Center for International Business Studies of the U.S. and Canada Institute; Anatoly Bazhan, Director of the Center for Credit, Currency and Finance Studies of the RAS Institute of Europe; Victor Pishchik, a member of the Committee for Economic Integration of SCO and CIS Countries, Chamber of Commerce and Industry, Russian Federation; and Irina Yarygina, Head of the Chair for International Currency and Financial Relations, Finance Academy under the Government of the Russian Federation, among others. In all, the round table brought together over 80 representatives of banks, various international organizations, professional communities, higher education institutions, and the mass media.

The round table participants discussed the need for reform of the existing world financial system; emphasized the growing role of banks in the reform process; estimated the ratio between the U.S., European, and other world currencies; and spoke about prospects for the Russian ruble on the global financial market.

RBA President Garegin Tosunian stressed the special importance of the theme and the significance of the role national currency has in the changes going on today. Mr.Tosunian gave much attention to the gathering strength of the ruble as a currency for international settlements and spoke, even if briefly, about the prospect for an international financial center being opened in Moscow.

For more detail, visit the website: http://www.mbka.ru/.