Russian Ruble Falls 2.8% on Downgrade Concern

Russian Ruble Falls 2.8% on Downgrade Concern

Assessment

Interactive Video

Business

University

Hard

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The video discusses the US currency's focus during a week when the Federal Reserve meets, with no changes expected. It highlights the end of the third round of quantitative easing. The Russian ruble is noted as the biggest faller, with concerns over investment ratings potentially leading to further sell-offs. In Asia, attention is on the yen and the Bank of Japan meeting, with crucial retail sales data expected.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What data is expected to be released tomorrow that is crucial for retail sales?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the last month's retail sales compare to the previous month?

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