Ruble Sinks as West Isolates Russia

The video discusses the significant decline of the Russian ruble due to geopolitical tensions and the Russian Central Bank's limited ability to support it due to frozen foreign assets. The central bank has raised interest rates and enforced currency conversion to stabilize the ruble. The global financial system is being tested, with a strong demand for dollars and concerns about funding markets. However, previous measures by central banks have helped maintain relative market calm.

What was one of the main reasons for the Russian ruble's decline?

• Increase in oil prices

• Strengthening of the euro

• Decrease in interest rates

• Freezing of foreign central bank assets

What measure did the Russian Central Bank take to support the ruble?

• Hiking interest rates

• Selling gold reserves

• Decreasing interest rates

• Buying foreign currency

What is a significant risk factor for the Russian financial system?

• Decreasing oil production

• Low foreign investment

• The ruble's instability

• High inflation rates

What has been the impact of the ruble's decline on global currency markets?

• Strengthening of the US dollar

• Weakening of the euro

• Stability of the yen

• Increase in cryptocurrency value

How have central banks responded to potential funding market issues?

• By reducing interest rates

• By implementing quick measures

• By selling government bonds

• By increasing gold reserves