President of Russia Vladimir Putin committed the Federal Security Service of the Russian Federation (FSB) to prevent any attempts of cyber machinations on the Russian stock and currency markets. He said that they cause exchange rate fluctuations and hurt the country’s financial system. The president considers unfair competitiveness on the financial market as a threat to the country’s image.
Vladimir Putin demanded the FSB to promptly act under its authorities protecting interests of the Russian companies abroad.
Investigative Committee Chairman Alexander Bastrykin called a fight with speculators violating the law the most important issue for stabilizing the economic situation in the country.
However, investors worry that the Russian authorities may then impose monitoring on capital flows. According to Bloomberg’s source, the Russian leader was indeed advised so, but Bank of Russia Governor Elvira Nabiullina convinced him abandon such an idea.
In January 2015, it was decided that the interdepartmental commission, including the Bank of Russia, the Federal Service for Fiscal and Budgetary Supervision, and representatives of the Prosecutor General’s Office and the FSB, will investigate the reasons of the ruble’s collapse.
