Russia is ready to significantly reduce its dependence on foreign financing, Alexander Morozov, chief of the Research and Forecasting department at the Central Bank of Russia, has told RT.
Moscow has been dumping the US dollar from its international reserves, halving its share to around 24 percent in one year. The diversification could help to mitigate risks, including those linked to sanctions, Morozov said on the sidelines of the 5th Russian-British Business Forum (RBBF) in London.
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