4) Last year, immediately after invading Ukraine, the Russian Ruble lost a lot of its value. To
combat this decline in value, the Russian government raised the return on some financial assets
within Russia. Briefly explain how this move by the Russian government might raise the value of
the Ruble. 5) Suppose that over the next couple of years, you expect the Japanese Yen to
increase in value relative to the U.S. dollar but you expect the Euro to lose value relative to the
dollar. Given this belief, where are you more likely to send your financial wealth: Japan or
Europe? Briefly explain..
4) Last year, immediately after invading Ukraine, the Russian Ruble l.pdf
1. 4) Last year, immediately after invading Ukraine, the Russian Ruble lost a lot of its value. To
combat this decline in value, the Russian government raised the return on some financial assets
within Russia. Briefly explain how this move by the Russian government might raise the value of
the Ruble. 5) Suppose that over the next couple of years, you expect the Japanese Yen to
increase in value relative to the U.S. dollar but you expect the Euro to lose value relative to the
dollar. Given this belief, where are you more likely to send your financial wealth: Japan or
Europe? Briefly explain.
