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Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles

Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles

Russia’s President Vladimir Putin gestures as he delivers a speech during the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg on June 7, 2024.

Anton Vaganov | Afp | Getty Images

Russian President Vladimir Putin said Friday that nearly 40% of the country’s trade turnover is now in rubles as the share conducted in dollars, euros and other “non-friendly” Western currencies has fallen away.

Speaking at the St. Petersburg…


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