{"id":64015,"date":"2022-04-18T17:15:15","date_gmt":"2022-04-18T13:15:15","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=64015"},"modified":"2022-04-18T17:15:35","modified_gmt":"2022-04-18T13:15:35","slug":"putin-to-accelerate-switch-to-trading-in-national","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/putin-to-accelerate-switch-to-trading-in-national\/04\/18\/market-updates\/","title":{"rendered":"Putin To Accelerate Switch To Trading In National Currencies Under New Conditions"},"content":{"rendered":"\n<p>Russian President Vladimir Putin said on Monday that &#8220;we&#8221; must switch to trading in national currencies in new conditions. Western sanctions have led to a deterioration in the economy in the West, he continued. <br><br>On the Russian economy, Putin said that retail demand has normalized, inflation is stabilizing and unemployment remains low. <br><br>Russia was right to manually regulate the market, he continued, adding that the ruble has stabilized and cash forex is flowing back into Russian banks. <br><br>Meanwhile, CBR rate cuts will make lending in the economy cheaper, he noted, and the government&#8217;s budget should support the economy and liquidity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russian President Vladimir Putin said on Monday that &#8220;we&#8221; must switch to trading in national currencies in new conditions. Western sanctions have led to a deterioration in the economy in the West, he continued. On the Russian economy, Putin said that retail demand has normalized, inflation is stabilizing and unemployment remains low. Russia was right &hellip;<\/p>\n","protected":false},"author":13,"featured_media":60928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7648,8275,7251],"class_list":["post-64015","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-putin","tag-russian-economy","tag-russian-ruble"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=64015"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64015\/revisions"}],"predecessor-version":[{"id":64039,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64015\/revisions\/64039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/60928"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=64015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=64015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=64015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}