MOSCOW, December 14. /TASS/. The decree on obligatory sale of foreign currency revenue by Russian exporters "played its role," President Vladimir Putin said during his combined Direct Line Q&A session and year-end press conference.

"By the way, the decree that was meant to correct this situation with foreign currency <…> still played its role," he said.

"In previous years" no limitations were required as the authorities received enough information from the countries, to which a large portion of Russian exports flew, but the countries "have closed" this information by now, Putin added.

In October 2023, Russian President Vladimir Putin signed a decree requiring certain Russian exporters to sell part of foreign currency revenues on the domestic market. According to the document, obligatory repatriation and sale of revenues in foreign currency on the Russia market is introduced in the volumes defined by the government for 43 groups of companies.