The state budget of the Russian Federation will be comfortable if the exchange rate of the American dollar is “slightly lower” than the currently maintained exchange rate. Russian President Vladimir Putin spoke on this issue TASS.
He made a statement on the subject at the press conference he held after his visit to Kyrgyzstan. At the same time, the head of state announced that he signed the decree on the compulsory sale of revenues in foreign currency for this reason.
“We need the exchange rate to be a little lower for the budget,” Putin said.
According to this Central Bank of RussiaOn October 13, the dollar rate was 97.3 rubles. Euro is traded at 102.5 rubles.
October 11, Kremlin press secretary Dmitry Peskov reportedThe President signed the decree on foreign exchange earnings. According to the document, some Russian exporters will be required to deposit the foreign currency they earn into bank accounts and sell it in the country’s domestic market.
As the representative of the head of state said, the decree also approves the list of such companies. At the same time, he emphasized that the amount of proceeds to be sold will be determined by the Council of Ministers of the Russian Federation.
Previously in the Kremlin statedThe decree on foreign exchange earnings is not planned to be published in open sources.