Ruble Plummets on Fears of S&P Russian Junk Rating

Ruble Plummets on Fears of S&P Russian Junk Rating

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the current state of Russia's financial markets, focusing on the ruble's decline to a record low against the dollar. Factors such as potential S&P credit rating changes, sanctions, and oil prices are explored. Despite economic challenges, Russian officials remain optimistic, believing they can withstand the sanctions. The video also highlights investment opportunities in Russian stocks, which are currently very cheap, attracting investors. Angela Merkel's stance on maintaining sanctions is also mentioned.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of oil prices on the Russian economy according to Goldman Sachs?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current sentiment among investors regarding Russian stocks?

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