The Central Bank of the Russian Federation today unveiled a set of new measures that aim to stabilise the financial market.

The central bank has decided to commence interventions in the Forex market. The regulator will also carry out operations for additional provisions of liquidity to the banking sector.

The central bank says it will secure the constant and stable operations of financial institutions and will use all necessary means for that.

The regulator says that it has an action plans for all possible scenarios.

On February 22, 2022, the central bank unveiled measures for the support of the Russian financial markets.

The regulator noted it is monitoring the financial market situation, given the recent volatility. The measures include allowing credit institutions to calculate required ratios using FX rates as of 18 February 2022, until 1 October 2022.