“All that had to be done in order to quench the possibility of such nervous behavior of the markets on the 10th, the government, the Ministry of Finance and the Central Bank did. Most importantly, one of the main dangers that existed was the danger of margin call. They are not, practically, ”TASS quotes him.
Belousov said that the markets are "calmly coping" with point and local problems in connection with the situation.
Earlier, Russian Prime Minister Mikhail Mishustin noted that the Russian economy has a "large margin of safety" to maintain financial stability.
According to the head of the Russian government, the markets fell as a result of OPEC’s decision not to renew the agreement, as well as against the backdrop of Saudi Arabia’s announcement of an “unprecedented reduction” in its oil prices and an increase in production to record levels.