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Russian President Vladimir Putin announced that his country's need for foreign currencies has become less than ever before, pointing to a decline in reliance on them compared to previous years. He confirmed that the ruble's share in Russian export settlements reached 59.9% in April and 53.2% in imports, reflecting increased use of the Russian currency in foreign trade. He also indicated that the reduction of the main interest rate will be gradual and dependent on the stability of the macroeconomy.
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