Apr 18, 2022 4:04 p.m
According to the Kremlin, “the attack by the West has failed.” The appeal: “Accelerate the transition of transactions from the dollar to our currency”
The governor: structural changes in the Russian economy
According to the bank’s governor, after the sanctions imposed after the conflict, the country has to face “structural changes in its economy in the second quarter and at the beginning of the third quarter” and change its “business model”.
Putin: Decline in EU living standards
But Putin replies that the same sanctions in European countries are already causing “a drop in living standards.” And he recommends “accelerating” the transition from the dollar to “the ruble and other national currencies” in international transactions of Russia.
“Accelerate towards ruble transactions”
“The restrictions imposed on Russia by enemy countries the head of the Kremlin continues naturally spoiled the possibilities of internal affairs. They complicated export logistics and import deliveries, created obstacles in conducting transactions. Entrepreneurs need help in solving these problems , including accelerating the transition of foreign trade to transactions in rubles and local currencies of countries that are reliable business partners.
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