Situation on Russia’s financial market stable overall — Putin

Business & Economy December 14, 2023, 15:42

Requirements on obligatory repatriation of foreign currency revenue by Russian exporters are temporary, the Russian leader said, adding that he expects the situation to normalize

MOSCOW, December 14. /TASS/. The situation on Russia’s financial market is stable overall, President Vladimir Putin said during his combined Direct Line Q&A session and year-end press conference.

"Whereas overall the situation on the financial market is stable. The main thing is to ensure stability and predictability. I think we cope with this task as of today," he said.

Requirements on obligatory repatriation of foreign currency revenue by Russian exporters are temporary, Putin said, adding that he expects the situation to normalize. The decree on obligatory sale of foreign currency revenue "played its role," he noted.

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