The Russian ruble is the official currency of the Russian Federation. The ruble is subdivided into 100 kopeks. The word "ruble" is derived from the Russian word рубль (rublʹ), meaning a thorn or a sharp object.
As the tensions between Russia and the West continue to simmer, many are wondering what will happen to the Russian ruble. Will sanctions and economic turmoil cause the currency to collapse? For now, the ruble remains relatively stable. However, there is no telling what could happen in the future. If things continue to escalate, we could see the ruble plunging in value. This would be bad news for Russia and could cause serious economic problems.
The future of the Russian economy is uncertain at this time. However, it is clear that the country will need to make some major changes in order to weather this current crisis.