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When the ruble is weaker, it is easier to sell, to produce here for a cheap ruble and sell for an expensive dollar, get revenue in dollars and then exchange it for rubles and get a bigger income. This is simple.

Vladimir Putin

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Vladimir Putin
Age: 72
Born: 1952
Born: October 7
Autobiographer
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Vladimir Vladimirovich Putin
Putin
President Putin
Simple
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More quotes by Vladimir Putin

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Let us not forget that we have two governmental reserve funds: the Reserve Fund and the National Wellbeing Fund that represent together $100 billion.
Vladimir Putin
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There is no need to distract the attention of the community from the essence of the subject substituting it with secondary questions dealing with the search of those who did it [hacker's attacks].
Vladimir Putin
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Over the course of the year 1990, the then Chancellor Helmut Kohl and Foreign Minister Hans-Dietrich Genscher had many conversations with President [Mikhail] Gorbachev and other Soviet officials.
Vladimir Putin
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I'm convinced that democracy cannot be exported from one country to another, like you cannot expert revolutions, ideology.
Vladimir Putin
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I'm sure corruption in Chechnya is minimal.
Vladimir Putin
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However, it was not us who refused to freeze oil production our Saudi partners changed their point of view at the last moment and decided to slow down the adoption of this decision. I would like to reiterate our position, it remains the same.
Vladimir Putin
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Political populism always poses a great danger because it disorients people, creates excessive expectations or, on the contrary, prioritises objectives that are clearly not priorities or are simply impossible to achieve.
Vladimir Putin
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As far as I know, Russians are the first among tourists going to Turkey last year three million Russians visited that country, although its climate zone is almost the same as the one of the Black sea region. Therefore, we have had an important task to develop an infrastructure in this region of the Russian Federation.
Vladimir Putin
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Russia will not take part in any field operations on the territory of Syria or in other states at least, we do not plan it for now. But we are thinking of how to intensify our work both with President al-Assad and our partners in other countries.
Vladimir Putin
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We certainly would not want to have the same kind of democracy as they have in Iraq, I can tell you quite honestly.
Vladimir Putin
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We want full-scale normalisation of relations [with Japan].
Vladimir Putin
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We may have more control, but my point is that, strictly speaking, Rosneft is not a state company. I think that this is an obvious fact, as a foreign investor has a 19.7 percent stake in it.
Vladimir Putin
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We have very close humanitarian contacts [with China], wide-ranging youth exchanges, educational and regional contacts, and all of them continue to develop.
Vladimir Putin
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Everyone must hoe his plot daily.
Vladimir Putin
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We do believe the current Ukrainian authorities are illegitimate. They cannot be legitimate as they do not have a national mandate for running the country, which speaks for itself. At the same time, we do not refuse to deal with them. We stay in touch at the ministerial level.
Vladimir Putin
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We should find other platforms, other forums for that [foreign policy], and there are plenty of them, including, for example, the UN and the Security Council.
Vladimir Putin
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There are both things in international law: the principle of territorial integrity and right to self-determination.
Vladimir Putin
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Indeed, Russia and the U.S. were allies during the two tragic conflicts of the Second and the First World Wars, which allows us to think there's something objectively bringing us together in difficult times, and I think - I believe - it has to do with geopolitical interests and also has a moral component.
Vladimir Putin
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If everything stops functioning our level will be able to ensure our trade turnover using its gold and foreign currency reserves for at least six months or more, which is more than enough.
Vladimir Putin
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This is not only a matter of relations between Russia and the United States. In my view, any restrictions in the economic sphere that are dictated by considerations of political expediency are extremely harmful for the world economy as a whole. This destroys unity and the rules of the game.
Vladimir Putin