RUSSIAN RUBLE

RUSSIAN RUBLE
RUSSIAN RUBLE
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The Russian ruble or rouble is the currency of the Russian Federation, the two partially recognised republics of Abkhazia and South Ossetia and the two unrecognised republics of Donetsk and Luhansk. The ruble is subdivided into 100 kopeks. The ruble was the currency of the Russian Empire and of the Soviet Union.


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The Russian ruble or rouble is the currency of the Russian Federation, the two partially recognised republics of Abkhazia and South Ossetia and the two unrecognised republics of Donetsk and Luhansk. The ruble is subdivided into 100 kopeks. The ruble was the currency of the Russian Empire and of the Soviet Union.

A decline in confidence in the Russian economy caused investors to sell off their Russian assets, which led to a decline in the value of the Russian ruble and sparked fears of a Russian financial crisis. ... By 2016, the Russian economy rebounded with 0.3% GDP growth and was officially out of the recession.

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