Despite sanctions pressure preventing settlements, Russia is recovering imports. The indicator grew by 9 per cent quarter-on-quarter, Bloomberg reported.
The Bloomberg article notes that, according to the Central Bank of Russia, in the third quarter of 2024 Russian imports recovered to the level of last year due to the growth in domestic demand, strengthening of the ruble during this period and an increase in imports of cars.
It is noted that the value of imported goods for the third quarter reached $76bn after a year-on-year decline in previous periods. Imports increased by about 9% compared to the previous quarter, the material points out.
In addition, the Russian currency appreciated by 5% against the dollar compared to 2023 and by 2% compared to the second quarter of 2024, the agency specified.
Recall, earlier the President of the Russian Federation Vladimir Putin said that Russia is going through a difficult period in Russian history. He emphasised that in the emerging conditions of the new global reality, ‘someone is striving’ to preserve its fading hegemony through Russia.
