Restrictions have effectively led to Russia increasing its sovereignty, the president has said Western countries are damaging their own economies when they limit Russia's ability to use their currencies through numerous sanctions, Russian President Vladimir Putin stated on Thursday. According to Putin, the use of the dollar and euro in servicing Russian exports decreased from 87% in 2021 to 24% as of September 2023 amid Western restrictions. At the same time, the share of the Russian ruble and the Chinese yuan reached 40% and 33%, respectively. “They [the West] shot themselves in the foot. Is this bad for us? Not
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