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The Biden Administration announced a complete restriction on all investments from Russian investors seeking to hide assets in the United States as the war
The Biden Administration announced a complete restriction on all investments from Russian investors seeking to hide assets in the United States as the war in Ukraine increasingly strains the Russian economy. The executive order prohibits all US- based financial institutions and brokerage houses to accept investments from any Russian national. The executive order also freezes assets of Russians in the United States. Russian investors had increased their attempts to move financial assets abroad as a protection across financial loss. To counter the exodus of Rubles and to stabilize the Russian currency on international markets, the central bank of Russia has acted to raise domestic interest rates. 2A. Construct a market for the US Dollar with respect to the Russian Ruble, labelling initial curves and price and quantity with subscript "1" 2B. Construct a market for the Russian Ruble with respect to the US Dollar, labelling initial curves and price and quantity with subscript "1" 2C. Return to the US dollar market in 2A and change the market consistent with information in the article. 2D. Return to the Russian Ruble market in 2A and change the market consistent with information in the article. 2E. Construct a market for the Russian Ruble with respect to all world currencies, labelling initial curves and price and quantity with subscript "1" 2F. Return to the market in 2E and make changes to the market consistent with actions by the Russian central bank.
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