• Russia will use part of sov reserves to improve access to loans to draw foreign investors
  • central bank continuing to target inflation
  • will not be increasing state debt. Will maitain sov debt at 15% of GDP
  • Rusia and China intend to increase the the amount of mutual transactions in RMB
  • currency intervention possible to stablize market

Rtrs reporting Putin speaking at the APEC summit in China. Live link here courtesy of our friends at Livesquawk