Rubles Rough Ride Highlights Russian Economic Woes

The video discusses the factors affecting the Russian ruble, including the ongoing conflict in Ukraine, economic sanctions, and a strong dollar. It highlights the Central Bank's interventions and the challenges they face in stabilizing the currency. The video also explores capital flight and foreign investment trends, and the impact of the ruble's decline on the Russian government, including inflation and budgetary issues. Despite economic struggles, Putin's approval ratings remain high.

What are some of the factors contributing to the decline of the Russian ruble?

• Increased foreign investment

• Improved economic outlook in Russia

• Economic sanctions and a stronger dollar

• Rising oil prices

What is one reason for capital flight from Russia?

• Strengthening of the ruble

• Increased foreign investment in Russia

• Decrease in global oil prices

• Wealthy Russians moving money to safer currencies

How is the strength of a currency typically represented?

• By the number of countries using it

• By its position as the denominator in currency pairs

• By its position as the numerator in currency pairs

• By its ability to purchase more goods

What is one impact of the ruble's decline on the Russian government?

• Decreased inflation

• Easier bond sales

• Rising food prices

• Increased foreign reserves

Despite economic challenges, what remains high in Russia?

• Oil production

• Putin's approval ratings

• Ruble's value

• Foreign investment