Assume you are a manager at a firm interested in doing business in Russia. As part of

Question:

Assume you are a manager at a firm interested in doing business in Russia. As part of your initial analysis, top management would like to know about the level of currency and financial risks associated with the Russian market. Using resources at globalEDGE™, write a short report on the current status of these risks, as well as the state of the Russian financial system and historical stability. Based on these findings, what is your recommendation?

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...