Russian Ruble Hits Record Low

Russian Ruble Hits Record Low

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the Russian economy, focusing on the Economy Minister's announcement against capital controls, which supported the ruble. It highlights a dispute between the Economy Minister and the Central Bank Governor over interest rates. Political tensions are evident with debates involving key figures like Alexei Kudrin and Igor Sechin. The impact on international businesses, such as Apple's halted sales in Russia, is also covered, illustrating the broader economic chaos.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the effect of the economy minister's announcement on the ruble?

It had no effect on the ruble.

It led to the introduction of capital controls.

It stabilized the ruble.

It caused the ruble to depreciate.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who was involved in the debate over the central bank's interest rate decisions?

The Finance Minister and the Economy Minister

The President and the Central Bank Governor

The Economy Minister and the Central Bank Governor

The Prime Minister and the Finance Minister

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main issue in the debate between Alexei Kudrin and Igor Sechin?

The transparency of a bond sale

The appointment of the Central Bank Governor

The introduction of capital controls

The stability of the ruble

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company halted its online sales in Russia due to the economic situation?

Apple

Microsoft

Samsung

Google

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much market value did Carlsberg lose due to the situation in Russia?

$2 billion

$4 billion

$1 billion

$3 billion