Russia Ready to Buy Own Debt, Minister Says

The video discusses the potential impact of U.S. sanctions on Russia, focusing on the finance ministry's preparedness, the effects on the ruble and bonds, and possible global economic shifts. Deputy Finance Minister Vladimir College expresses confidence in their readiness, while acknowledging potential collateral damage. The ruble's weakness is attributed to both sanctions and broader economic factors, with the ministry considering various responses to stabilize the situation.

How did the Deputy Finance Minister rate Russia's preparedness for potential sanctions?

• 6 out of 10

• 5 out of 10

• 8 out of 10

• 10 out of 10

What could be a significant consequence of sanctions affecting Russian state banks?

• Strengthening of the ruble

• Significant collateral damage

• Decrease in oil prices

• Increased foreign investment

What shift might occur in international trade due to sanctions on Russia?

• Increased use of the U.S. dollar

• Shift away from U.S. dollar denomination

• More trade with the U.S.

• Decrease in global trade

What is the current sentiment in Moscow regarding the ruble's performance?

• Pessimistic

• Indifferent

• Fairly sanguine

• Highly concerned

What external factor is mentioned as contributing to the ruble's weakness?

• Increase in oil prices

• General EM sell-off

• Rise in global interest rates

• Decrease in foreign reserves