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Russian Ruble Hits Record Low

Russian Ruble Hits Record Low

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

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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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of international businesses like Apple on the Russian economy amidst the current crisis.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the reactions of various companies to the fluctuating currency rates in Russia?

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