Russia (bbabo.net), - The Bank of Russia controls the development of the situation on the financial market. If necessary, the regulator is ready to take all necessary measures to maintain financial stability, the press service of the Central Bank reported.

To allow the financial sector to adapt to increased volatility, the Bank of Russia allowed organizations to report shares and bonds at market value as of February 18, 2022. In addition, banks will be able to use the values ​​of foreign exchange rates in order to calculate mandatory ratios, based on the indicators as of February 18.

"The Bank of Russia will monitor the development of the situation in the financial markets and is ready to implement additional measures in order to maintain financial stability," the Central Bank noted.

On Tuesday morning, the euro exchange rate on the Moscow Exchange for the first time since April 26 last year exceeded 91 rubles. In turn, the dollar continues to trade above 80 rubles.

The Russian stock market is also under pressure: the RTS dollar index fell by almost 10% - below 1100 points, the Moscow Exchange ruble index fell by more than 7% - closer to 2800 points.

The sharp weakening of the ruble is associated with the aggravation of the foreign policy situation.

bbabo.Net