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Putin: Russia's reliance on foreign currencies has declined to its lowest level
Russian President Vladimir Putin confirmed that Russia's reliance on foreign currencies has decreased to its lowest level, with their share in export settlements reaching approximately 59.9% in April and 53.2% in imports. He pointed out that the country's need for foreign currencies is now lower than ever, with a move towards a gradual reduction in the key interest rate based on macroeconomic indicators and the stability of the national economy.
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