MOSCOW, December 14. /TASS/. Requirements on obligatory repatriation of foreign currency revenue are temporary, President Vladimir Putin said during his combined Direct Line Q&A session and year-end press conference.

"The government and the Central Bank do not see what is going on with the volumes of funds that our exporters receive from exports. The Central Bank and the government have got a legal wish to see how rubles are accumulated, how they flow, where, in what volumes," he said. "But I assume that everything will normalize. This is temporary," he said.

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

Meanwhile, no limitations were required previously as the Russian 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, he noted.

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.