Putin to discuss capital controls to help prop up rouble, report says

Proposals said to include forcing large exporters to convert up to 80% of their foreign currency into roubles

Vladimir Putin is reportedly planning to hold a meeting with Russian policymakers on Wednesday in order to discuss reintroducing some capital controls to help prop up the struggling rouble.

Citing a Russian finance ministry proposal, the Financial Times said large exporters could be forced to convert up to 80% of their foreign currency into roubles in order to raise demand for the currency.