"At this point they need to either stop talking about this or finally present some sort of proof. Otherwise this looks extremely scurrilous," Putin's spokesman Dmitry Peskov told journalists during a visit to Japan.
Obama yesterday warned that the US would take action against Moscow after the White House accused Putin of direct involvement in cyber attacks designed to influence the US election.
"I think there is no doubt that when any foreign government tries to impact the integrity of our elections that we need to take action," Obama told NPR radio.
The outgoing US president's remarks dramatically upped the stakes in a dispute between the world's leading nuclear powers over interference that may have swayed last month's tight election in which Republican billionaire Donald Trump defeated Democrat Hillary Clinton.
Obama's threat came after the White House ratcheted up allegations over the Russian hacking by personally tying Kremlin strongman Putin to the attacks.
"I don't think things happen in the Russian government of this consequence without Vladimir Putin knowing about it," one of his top advisers, Ben Rhodes, said earlier yesterday.
Obama is expected to be peppered with questions about the dispute and any subsequent action when he holds a news conference today at 2:15 PM before leaving for a vacation in Hawaii.
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