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Russian Ruble

Nick Name
Ruble
Parent term
Currency
The Ruble is the official currency of Russia.

Locations

Russia

  • Tends to trade in a range with the US Dollar
    • Fluctuates base on US money printing (Ruble went up as US embarked on QE post 2008 crisis)
    • Fluctuates base on US sanctions and US foreign relations
    • Fluctuates base on Oil Prices - crashes in Oil hurt Russia and the Ruble (Russia is a larger energy exporter)

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