A Quote by Vladimir Putin

We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.

Vladimir Putin

Quote Topics

Able Bank Central Central Bank Currency Designed Economy Ensure Finance Foreign Foreign Trade General General Public Gold Least Level Months Necessary Need Period Provide Public Rather Reserves Russia Tell Therefore Three Three Months Trade Turnover

Quote Author

Vladimir Putin
Russian - President
Born: October 7, 1952

Therefore today we have an absolutely sufficient level of gold and foreign currency reserves in order to ensure economic stability and sustainable foreign trade turnover.

Vladimir Putin

If everything stops functioning our level will be able to ensure our trade turnover using its gold and foreign currency reserves for at least six months or more, which is more than enough.

Vladimir Putin

All issues - purchasing and selling of currency - are related to the regulation of the national currency market. However, it is still difficult to say what will be the reaction of the Central Bank and if it would lead to increasing the gold and foreign currency reserves.

Vladimir Putin

Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.

Brian Behlendorf

The Canadian economy relies on foreign trade. Nearly three-quarters of Canada's exports go south.

Terry Glavin

[Donald] Trump is the only Republican candidate in the last seven cycles to understand all three legs of the foreign policy stool - the three crucial elements of our foreign policy, what they need to be - and they are trade, war, and immigration.

Rush Limbaugh

This is also evident in Europe, not the dependence on oil and gas, but the fact that structural reforms are long overdue, and I think that the leading economies are very pragmatic and efficient in addressing the issues facing the European economy. That is why we keep approximately 40 percent of our gold and foreign currency reserves in euros.

Vladimir Putin

I just think, realistically, there's a lot of room outside the Trump populist right and the Bernie-Sanders-Elizabeth-Warren populist left. There are a lot of us who believe in open trade, open borders, a dynamic forward-looking economy, not a nostalgic economy, but do want to provide a significant level of social service or sort of economic Milton Friedman foreign policy, Ronald Reagan domestic policy, Franklin Roosevelt. And there's a lot of room in the center.

David Brooks

Substantial progress was made in spreading our foreign trade to other areas. Our total trade with Northwest Europe in the first 8 months of last year was 42.3 per cent above the corresponding period the year previous, and our total trade with Asia was up 13.5 per cent. For the first time since 1919, the United States in the first 8 months of 1956 accounted for less than 60 percent of our total trade.

Ramon Magsaysay

If we are going to go into a global currency fight against countries like China, well, the US has about 75, 76 billion in foreign reserves. They're going to be up against China with 1.7 trillion in US dollars and foreign reserves, so it's not much of a fight there. It could be an interesting fight though.

Max Keiser

When you take a look at how the IRS treats foreign currency, bitcoin doesn't have the same taxation regime. Foreign currency gains and losses generally are taxed as ordinary income.

Perianne Boring

But foreign should not be defined in geographical terms. Then it would have no meaning except territorial or tribal patriotism. To me that alone is foreign which is foreign to truth, foreign to Atman.

Ram Swarup

There was an intervention of the foreign states in the Russian Far East, Archangel of the West border of Russia. The foreign troops were participating in the attempts to stamp out the revolution. It's not just propaganda, because there are mounds of documents in the archives relating to these events and to the foreign espionage cases.

Vladimir Semichastny

The Chinese go around with lollipops in their pockets. They have aid. They have friendship deals. They build you a Prime Minister's office or President's office or Parliament House or Foreign Ministry. For them, trade is an extension of their foreign policy.