Russia's Putin says economic crisis in Russia has reached peak

Russian President Vladimir Putin in Sochi, Russia, October 10, 2015. REUTERS/Alexei Nikolsky/RIA Novosti/Kremlin

MOSCOW (Reuters) - Russian President Vladimir Putin said on Tuesday the economic crisis in Russia has reached its highest point.

"The peak of the crisis has been reached," Putin told a business conference.

(Reporting by Alexander Winning and Denis Pinchuk; Writing by Maria Kiselyova, editing by Jason Bush)