Putin discusses Russian economy with Ignatiev

Russian central bank president Sergei Ignatiev has held a working meeting with president Vladimir Putin to discuss the economy and exchange rate situation.

Ignatiev said the "exchange rate policies pursue a dual objective - that of ensuring a smooth decline of the inflation rate and preventing a quick firming of the ruble."

This is being done "in order to ensure there be no worsening of the situation for the real sector of the economy, and to bring about prerequisites for economic growth."