Russian President meets with IMF managing director

Vladimir Putin supports the policy pursued by the Central Bank of Russia with regard to the rouble rate.

"The Central Bank is pursuing a truly weighted policy in this respect. What the Central Bank is doing today, is derived from Russia's present-day realities," the president said at his meeting with IMF Managing Director Horst Keler held in the presidential residence in Novo-Ogarevo.

According to the head-of-state, he was interested to hear Keler's opinion on what is happening with the real, effective rouble rate.

"We are under currency pressure owing to the complicated situation on the external market," Putin said.

He also noted that he would be interested to hear Keler's opinion on the development of inflation processes in Russia. "You know that we have had 10-percent inflation in January-October, and the government is planning to keep it at not more than at 12 percent till the end of this year," he said.

"But you must have formed your own opinion, I would like to hear it," Putin said.