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The first Russian ruble (RUR) introduced in January 1992 depreciated significantly versus the US dollar from US$1 = 125 RUR to around US$1 = 6,000 RUR (or 6 RUB) when it was redenominated in January 1998. The new ruble then depreciated rapidly in its first year to US$1 = 20 RUB before stabilizing at around US$1 = 30 RUB from 2001 to 2013.
The ruble or rouble (/ ˈruːbəl /; Russian: рубль, romanized:rubl', IPA: [rublʲ]) was the currency of the Soviet Union. It was introduced in 1922 and replaced the Imperial Russian ruble. One ruble was divided into 100 kopecks (копейка, pl. копейки – kopeyka, kopeyki).
The ruble fell to around 97 against the dollar on Thursday, its lowest level against the greenback since October of 2023. The ruble traded around 13.72 against the yuan, also the lowest level ...
The move has helped the ruble inch up against the U.S. dollar by roughly 4%, hitting a two-week high. But the currency remains significantly lower—about 23% down this year.
The ruble that Elvira Nabiullina manages crashed through the psychological support of 100 to the U.S. dollar and on Monday is now worth less than a penny, the first time since March 23 of last year.
500 Belarusian rubles of the 2009 series, the highest available nominal in circulation. The ruble or rouble (/ ˈruːbəl /; Russian: рубль, IPA: [rublʲ]) is the currency unit of Belarus and Russia. Historically, it was the name of the currency of the Russian Empire (the Imperial ruble) and, later, of the Soviet Union (the Soviet ruble).
In the weeks following 17 August, one US dollar went from being worth 6.43 rubles to being worth over 21 rubles. The Russian financial crisis (also called the ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt.
A monetary reform of the Soviet ruble, also known as the Khrushchev reform (after Nikita Khrushchev, the Soviet leader at the time), took place on 1 January 1961. The reform consisted of the devaluation of the ruble against the United States dollar, and the redenomination of the ruble at a ratio of 10 to 1. It was the fifth monetary reform in ...