The Security Council of Russia proposed restricting the use of foreign currencies in the country. Such a proposal was made by the interdepartmental Committee on security in the economic and social spheres. The document contains a list of recommendations and measures, in particular it suggests restrictions on foreign exchange in the territory of the Russian Federation. In addition, Ministry’s officials offered to pay special attention to the process of expanding the Russian ruble’s usage in international transactions. Following the meeting, the Commission also recommended the Central Bank of Russia and the government “to develop measures for improving the liquidity and capitalization of the banking system as well as measures to ensure sustainability of regional banks.”
The press service of the Security Council confirmed the information about upcoming changes. However, experts note that it was not reported about concrete plans to put these ideas into practice. The press service reported that representatives of Federal and regional authorities as well as local government are members of the interdepartmental Committee on security in the economic and social spheres.
