Ruble on a Wild Roller Coaster Ride

Ruble on a Wild Roller Coaster Ride

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Interactive Video

Business

University

Hard

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The transcript discusses the ruble's fluctuation against the dollar, with Russia's central bank raising interest rates to stabilize it. Concurrently, oil prices have dropped significantly, affecting the market. The Federal Reserve is holding a meeting to decide on maintaining low interest rates, with many economists predicting a change in their policy language.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Federal Reserve's two-day meeting mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What do economists expect the Federal Reserve to do regarding interest rates?

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