Moscow Exchange CEO on Weaker Ruble, Possible Sanctions

The video discusses the concept of contagion across different geographies and asset classes, focusing on the impact of a weaker ruble on Russian markets. It highlights the benefits for exporters and the increased volatility in the FX market. The discussion extends to the resilience of Russia's economy, emphasizing its deregulation and lack of capital controls. The potential impact of global liquidity tightening by the Federal Reserve on Moscow's exchange is also examined, noting challenges for equities and opportunities in money markets.

What is one potential benefit of a weaker ruble for Russian exporters?

• Decreased market volatility

• Lower export revenues

• Higher oil prices

• Increased import costs

How does the Russian government handle capital controls for international investors?

• Strict capital controls are in place

• Capital controls are increased during sanctions

• Capital controls are only for local investors

• No capital controls are implemented

What is a key feature of Russia's macroeconomic situation?

• High inflation

• Weak budget

• Strong budget and low inflation

• Strict capital controls

What challenge does global liquidity tightening pose to the Moscow exchange?

• Decreased bond market activity

• No impact on money markets

• Challenges for equities markets

• Increased equity market activity

How does a shortage of liquidity affect the money market?

• Reduces market activity

• Has no effect on derivatives

• Increases investment volumes

• Decreases investment volumes