CLEAN : Russias central bank should intervene in the market (analyst)

The video discusses the central bank's interest rate hike aimed at supporting the ruble, which the market perceives as a sign of economic deterioration. This has led to continued currency purchases and a pessimistic outlook unless the bank intervenes. Market participants are in a state of panic, with no signs of ruble strengthening. There's a general trend of uncertainty and distrust towards reforms, and the public has been actively buying foreign currency. Companies may reduce staff and production in response to these economic conditions.

What action did the central bank take to support the ruble?

• Lowered interest rates

• Stopped currency trading

• Increased interest rates

• Introduced new currency

How did the market interpret the central bank's action?

• As a positive economic signal

• As a sign of economic improvement

• As a sign of economic deterioration

• As a neutral action

What is the current sentiment among market participants regarding the ruble?

• Optimism about future growth

• Indifference

• Panic and uncertainty

• Confidence in its strengthening

What has been the public's reaction to the economic situation?

• Buying foreign currency

• Saving more money

• Spending on luxury goods

• Investing in local businesses

What potential actions might companies take in response to the economic uncertainty?

• Reduce staff and production

• Expand production

• Invest in new markets

• Increase staff