RUSSIA Hits Panic Button After Ruble COLLAPSE - Interest Rates Hiked by 350bps to Stop Fall In Value

Please Support The Channel: YouTube Super Thanks (click below) YouTube Membership (click below) Russia’s Invasion of UKRAINE has caused Major Problems for the Russian Economy as Trade with Europe & the West has collapsed and Changes to the Global Supply Chain caused by the SANCTIONS have caused further problems. The value of the Russian Ruble has COLLAPSED over the past 12 months and on Monday 14th Augurs was trading at MORE THAN 100 against the US Dollar for the FIRST TIME IN HISTORY. In response to this the Russian Central Bank called an EMERGENCY MEETING and increased interest rates by 350bps to 12%. In this video I discuss this issue in more detail and discuss the implications for Russia. For specific details please check out the CHAPTER list below. Thanks for watching and please LIKE and SUBSCRIBE. If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated. Chapters: 0:00 Intro 2:39 RUSSIAN CRITICISM 4:52 INTEREST RATE HIKE 5:40 INTEREST RATES 6:49 INFLATION 9:20 RUBLE 13:15 RUSSIAN TRADE 17:22 SUMMARY & CONCLUSION #ukrainewar #russia #ruble #globalfinancialcrisis #usdollar #SWIFT #CHINA #USA #NATO #WW3 #WORLDWAR3