Siluanov: Russia has tools to maintain financial stability

Read on the website Vestnik Kavkaza

The Russian government and central bank have the tools to maintain financial stability and would use them if necessary, Russia's Finance Minister Anton Siluanov said. 

He said in a statement that Russia's economy had demonstrated it was stable in the face of past sanctions as well as fluctuations in the oil price, Reuters reported.

A new round of U.S. sanctions sent Russian markets sharply lower today.