The present forecast is highly uncertain, the statement reads.

The center for support of the economy in conditions of sanctions is working in the government almost 24 hours a day, Mishustin added.

The list of products will be defined on the basis of proposals of relevant federal executive authorities, the Russian Industry and Trade Ministry noted, adding that products necessary "for saturating the consumer market" will be put on the list.

The world market is much more multifaceted than only the European one, Kremlin spokesman Dmitry Peskov pointed out.

At the same time, exportation, reexportation, sale, or supply, directly or indirectly of dollar-denominated banknotes to the Russian government remains banned.

We’ve confirmed that some people are having difficulty accessing the Google News app and website in Russia and that this is not due to any technical issues on our end, Reuters quoted Google as saying.

It was also noted that a lot of foreign trade enterprises that suspended their activities in Russia did not submit applications for a complete withdrawal from the Russian market.

On March 15, the EU announced a ban on providing credit ratings to legal persons, entities, or bodies established in Russia.

Russian Minister of Economic Development Maxim Reshetnikov noted that expectations that "everything will fall into pieces" are not true.

Moving forward, in its key rate decision-making the regulator will take into account actual and expected inflation movements, as well as risks posed by domestic and external conditions and the reaction of financial markets.