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Russian ruble (sh.itjust.works)
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[-] MrMakabar@slrpnk.net 1 points 3 weeks ago

Russia failed in forcing the trading partners to switch to rubel, but the Russian companies are forced to convert earnings into rubel. At the same time most big export companies in Russia are government owned(Gazprom, Rosneft and other resource exporters). So this way the Russian government gets more money, but it increases inflation.

this post was submitted on 27 Nov 2024
703 points (98.2% liked)

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