the ruble

noun

technical

: the value of the ruble compared with the value of the money of other countries

Examples of the ruble in a Sentence

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At the end of November, the ruble crashed to its lowest point in two years, a consequence of climbing inflation and diminishing inflows of hard currency—from $34 billion in March 2022 to $2 billion in September 2024—due to financial sanctions. —

Theodore Bunzel, Foreign Affairs, 9 Dec. 2024 The sharp decline of the ruble's value in recent weeks is just the most recent economic spasm. —

Thomas G. Moukawsher, Newsweek, 30 Nov. 2024 As Russia's reserve assets are mostly frozen by sanctions, the central bank cannot mitigate a drop in export earnings, so the ruble would drop much further, Russia would experience a recession and inflation would soar. —

Thomas G. Moukawsher, Newsweek, 30 Nov. 2024 On Wednesday, the ruble consequently fell below the rate of 114 to a dollar, the lowest level since early March 2022. —

Christiaan Hetzner, Fortune, 28 Nov. 2024 See all Example Sentences for the ruble