President Vladimir Putin is to discuss ramping up currency controls with Russian policymakers on Wednesday after an extraordinary 3.5 percentage point rate rise failed to halt the rouble’s slide, said two people familiar with the matter.
Putin will hear proposals from Russia’s finance ministry to require exporters to convert some of their foreign currency earnings, most of which are currently held abroad, into roubles, the people said.
The finance ministry’s proposals, seen by the Financial Times, would require exporters to sell up to 80 per cent of their foreign currency revenue within 90 days after delivery and ban companies that refused to comply from receiving government subsidies.
您已阅读31%（692字），剩余69%（1558字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。