Russia's Putin is putting a positive spin on the Russian economy. For what it is worth, he is saying:Western sanctions led to deterioration in econom
Russia’s Putin is putting a positive spin on the Russian economy. For what it is worth, he is saying:
- Western sanctions led to deterioration in economy in the West
- Ruble has stabilized
- Cash forex is flowing back to Russian banks
- Retail demand in Russia has normalized
- Inflation in Russia stabilized
- Unemployment in Russia is low
- Central banks rate cuts will make lending in the economy cheaper
- Budget should support economy liquidity
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