“Excessive volatility has disappeared from the companies’ operations, which is what we were counting on.

Obviously, the measure is effective.

Accordingly, I, for my part, will support this extension,” RIA Novosti quotes him.

Oreshkin added that the decree applies only to large exporters, but there is a mechanism that allows a flexible approach to a number of situations.

“There is a commission headed by Anton Germanovich Siluanov, which is authorized to consider such issues,” he explained.

Earlier it was reported that the Russian government supports the extension of measures on the mandatory sale of foreign currency earnings by the largest exporters.

Press Secretary of the Russian President Dmitry Peskov said that the issue of extending measures on the sale of foreign currency earnings by exporters until the end of 2024 is the prerogative of the Russian Cabinet.

At the same time, the Central Bank did not support the extension of the mandatory sale of foreign currency earnings.