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gold pegged ruble

By Rafiq A. Tschannen on April 7, 2022 • ( Leave a comment )

Russia’s currency bounces back after Moscow mandates payment for gas in gold-pegged ruble

With the aim of supporting the ruble, the Russian Central Bank announced pegging the currency with gold — one gram of gold is currently pegged at 5000 ruble. MAHUA VENKATESH […]