The head of state welcomed the plans of the New Development Bank to attract ruble loans.

“The Russian national currency, the ruble, is fully and freely convertible into any world currency. I mean the stable macroeconomic situation in our country. The ruble can be an additional means of settlements between our countries and fully complies with all these requirements, ”he said.

Earlier, Putin said that the Russian authorities have been pursuing a balanced macroeconomic policy for many years, are responsible for public finances, and maintain the stability of the banking and credit markets.

According to him, this helped to keep the economy from sliding into a recession.