the.com/ruble
Russia's currency, a grand old name for whatever sanctions leave standing today.
means The basic unit of money in Russia (and historically other parts of the Russian-speaking world), divided into 100 kopecks.
from From Russian рубль (rubl), most likely tied to the verb rubit — 'to chop' or 'cut.' The old story is that silver bars were literally hacked into pieces to make currency, each chopped chunk becoming a 'ruble.' It's an etymology that fits the coin almost too well: a currency named for being cut down to size, centuries before anyone thought of sanctions.
- name origin
- from rubit, old slavic for to chop
- first use
- 13th century, chopped silver bars
- 1998 crisis
- government defaulted, ruble lost 70 percent value
- other users
- also legal tender in transnistria, abkhazia